Recent Posts

Index forecast to hit record 9,400 points

By Riza Lozada Traders expect the stock index to test the 9,400 level this year as a result of a positive economic outlook which will fuel corporate earnings, First Metro Investment Corp. (FMIC), the investment banking arm of the Metrobank Group, said.

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PLDT taps Huawei for service upgrade

Telecoms and digital services provider Philippine Long Distance Telecommunications (PLDT) and its mobile unit Smart Communications have signed a $28.5 million partnership with Chinese Huawei Technologies to improve the delivery of wireless services to its customers.

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BIR vows faster steps for MSMEs’ licenses

By Riza Lozada The Bureau of Internal Revenue (BIR) will speed up the streamlining of processes for the documentary requirements of micro, small and medium-scale enterprises (MSMEs) renewing business permits following the congressional approval and implementation of the first package of the tax reform law.

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PDIC realizes P34.5M from Visayas assets sale

Regulator Philippine Deposit Insurance Corp (PDIC) earned P34.5 million from the sale of 18 corporate and closed banks’ properties during a recent public bidding at the Bangko Sentral ng Pilipinas (BSP) – Cebu Regional Office.

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BSP chief: OFW Bank starts operations February

The operations of the Overseas Filipino Bank (OFB) which will target some 10 million Filipinos working overseas will likely start in February after policy-making Monetary Board (MB) approved the Land Bank of the Philippines’ (Landbank) recent acquisition of the thrift bank.

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