Grab Philippines names new country head
Nov 12, 2026
Chinese companies could unlock a further 15 per cent in equity valuation upside by stepping up share buy-backs and dividend payouts, as Beijing seeks to encourage listed firms to return more cash to investors, according to Goldman Sachs. The US investment bank said in a report on Wednesday that an increase in corporate payout ratios and share repurchases, in line with policymakers’ efforts to improve shareholder returns, could lift valuations of the MSCI China Index by about 15 per cent from...
The National Food Authority (NFA) said on Thursday that farmers may earn up to P8 per kilo after it recently raised the palay buying price to P30 per kilogram.
The escalating conflicts between Saudi Arabia and Houthi rebels in Yemen have put many listed Hong Kong and mainland Chinese companies in a dilemma, especially as the Houthis order foreign businesses to register with a local body to avoid becoming targets of military strikes. The situation requires “serious attention” from businesses with a presence in the oil-rich region, according to an analyst focusing on the issue. The Iran-backed rebel militia recently warned that foreign companies...
The Bureau of Internal Revenue (BIR) on Thursday said it has seen an increase of micro taxpayers availing its One-Time Abatement Program.
The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it has retained the 3% interest rate per month ceiling on credit card transactions as part of efforts to provide relief to Filipino borrowers.
The United States is one of Thailand's most important export destinations, with bilateral merchandise trade exceeding US$110 billion in 2025.
MANILA, Philippines — A jumbo rate hike may still be on the table for the Bangko Sentral ng Pilipinas (BSP) despite the sluggish economic growth in the third quarter, with the primary goal of cooling off hot inflation that has been squeezing household budgets. In a commentary, economists at Nomura Global Markets Research said they still
MANILA, Philippines — The Bureau of Internal Revenue (BIR) admitted that taxpayer profile data may have been exposed in a cyber breach while continuing to investigate the incident and assess its privacy impact. “The BIR assures the public that the integrity of all internal database infrastructure and systems remains intact. Initial findings indicate that no
MANILA, Philippines — Net inflows of foreign direct investments (FDI) to the Philippines rose to a seven-month high in August, though the overall investment picture remained challenging as global headwinds continued to fray investor nerves. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed FDIs posted a net gain of $690 million, up 24.9 percent
MANILA, Philippines — SM Investments Corp. (SMIC) remained resilient despite weaker economic growth as it saw its earnings grow by 9 percent to P70.2 billion in the first three quarters of this year. SMIC’s consolidated revenues also went up by 5 percent to P506.8 billion from P482.3 billion. READ: Consumer spending lifts SMIC earnings The
MANILA, Philippines — ACEN Corp., the energy arm of the Ayala Group, finished the first nine months strong, with its profit soaring by 84 percent amid a surge in power output. The renewable energy producer said its net income attributable to equity holders of the parent firm had hit P3.3 billion, a significant improvement from the
MANILA, Philippines — The Department of Energy (DOE) has relaunched its controversial coal mine bidding, with the award set for early next year, even as investors raised concerns about the asset-surrender rule. The DOE is ready to welcome proposals from potential new coal operators, as it officially issued a notice of bidding “pursuant to DOE-Department
