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Landbank, UCPB merger takes effect on March 1

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The merger between Land Bank of the Philippines and United Coconut Planters Bank (UCPB) will take effect on March 1, with both banks saying their operations will remain [...] » More

Pacquiao: No relatives in government if anti-political dynasty law in place

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Presidential aspirant Manny Pacquiao said Thursday he would prohibit his relatives from holding government posts if a law on political dynasties is finally in place. Pacquiao [...] » More

Manila Bay rehab Year 3: DENR told to put environment and people before ‘development’

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The rehabilitation of Manila Bay should put the environment and people’s welfare before development projects that pose threats to the degraded ecosystem, environmental [...] » More

Philippine economy rebounds in 2021 as Covid-19 rules relaxed

28-Jan-2022 Intellasia | AFP | 5:02 AM

The Philippine economy rebounded stronger than expected in 2021 after a relaxation of Covid-19 rules fuelled consumer spending and got more people back to work, officials [...] » More

Villar shares rally after securing ABS-CBN frequencies

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Shares of Villar-owned listed companies rallied yesterday after the National Telecommunications Commission announced that it had awarded the frequencies of ABS-CBN to [...] » More

IMF raises Philippine growth forecast for 2021

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The International Monetary Fund (IMF) has hiked its economic growth forecast for the Philippines in 2021 and expects a return to pre-pandemic levels by the end of this year. [...] » More

Pacquiao challenges Philippine officials to disclose wealth

28-Jan-2022 Intellasia | Reuters | 5:02 AM

Former boxing superstar Manny Pacquiao, who has vowed to root out graft in the Philippine government if elected president, said on Thursday he would proudly disclose full [...] » More

ADB to link Asean+3 central banks

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Manila-based Asian Development Bank (ADB) will make use of blockchain technology to link central banks and securities depositories in the Asean+3 region. In a statement, ADB [...] » More

High business cost, ownership limits keep off foreign investors from Philippines

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Foreign investors hesitate to locate their new and expansion projects in the Philippines as they find the country’s cost of doing business too expensive and ownership [...] » More

Citicore REIT cuts IPO size, final price

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Citicore Energy REIT trimmed the size and final offer price of its real estate investment trust offering, which could make dividends attractive for investors, as one analyst [...] » More

Permanent tariff cuts, higher quota on pork imports eyed

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

President Duterte’s economic team is now looking at the possibility of making the tariff reduction and higher volume of pork imports a permanent policy to further [...] » More

Four indicted over massive hacking of BDO accounts

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The Department of Justice found probable reason to charge four individuals over the massive online banking fraud that affected more than 700 clients of BDO Unibank Inc. In a [...] » More

Government foreign borrowings down to $13 billion in 2021

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

Foreign borrowings by the national government approved by the Bangko Sentral ng Pilipinas (BSP) declined by 26 percent to $13.1 billion last year from $17.7 billion in 2020. [...] » More

Philippine economy exceeds expectations with above-target 2021 growth

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The Philippine economy grew beyond the government’s expectations last year, with growth in the fourth quarter surprising on the upside despite the onslaught of Typhoon [...] » More

DOH lists over 18,000 new COVID-19 infections

28-Jan-2022 Intellasia | PhilStar | 5:02 AM

The Philippines on Thursday announced 18,191 new coronavirus cases, the third straight day the daily tally fell below 20,000. Thursday’s tally pushed the nation’s [...] » More