April, 2025

• 28 April

  2nd Pink Argonauts Dive and Golf fires off this May

  

  Several motoring journalists are invited to join the second edition of the Pink Argonauts Golf Tournament & Underwater Photo Competition with the underwater photo competition taking place from May 1-4 at the Aiyanar Beach and Dive Resort inAnilao, Mabini, Batangas while the golf tournament will be on May 9 at the Malarayat Golf & Country Club in Lipa, Batangas. The …

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• 28 April

  Ayala Corp. sees brighter future ahead after record year

  

  Despite global economic uncertainties, Ayala Corporation remains confident about its growth trajectory, following its strongest financial performance to date. During a media briefing held in Makati City on Friday, Ayala Corp. President and CEO Cezar Consing said the company is poised to build on its 2024 momentum, when it recorded an all-time high core net income of P45 billion. Asked …

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• 28 April

  Phl stocks rebound, peso strengthens on easing tariff tensions

  

  Philippine shares rallied on Friday, recovering losses triggered by former U.S. President Donald Trump’s reciprocal tariff announcement earlier this month. The local currency also extended its gains against the U.S. dollar. The Philippine Stock Exchange index (PSEi) surged by 1.79 percent to close at 6,268.75, while the broader All Shares index climbed 1.02 percent to 3,695.69. According to Rizal Commercial …

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• 28 April

  Food sector to propel franchising growth

  

  The Philippine franchising industry is expected to post an eight to 10 percent revenue growth this year, reaching approximately P800 billion, with the food segment continuing to lead the charge despite global market uncertainties. At the International Franchise Conference held at the SMX Convention Center in Pasay City, Philippine Franchise Association (PFA) chairperson Christopher Lim shared the group’s latest outlook, …

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• 28 April

  First Gen, Sanyo Denki seal power supply deal

  

  Clean energy firm First Gen Corp. has entered into an agreement with Japanese multinational Sanyo Denki Co. Ltd. to supply 100-percent renewable energy to its facilities in the Philippines. In a statement issued last week, First Gen said it will provide electricity from its geothermal plant in Negros Oriental to power four Sanyo Denki Philippines factories operating within the Subic …

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• 28 April

  NEDA Board approves REFUEL project

  

  The National Economic and Development Authority (NEDA) Board, led by President Ferdinand R. Marcos Jr., has approved a new program aimed at addressing food insecurity and undernutrition across the country. In its final meeting before transitioning into the Economy and Development (ED) Council under Republic Act 12145, the NEDA Board gave the green light to the Reducing Food Insecurity and …

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• 28 April

  Tanduay hits record P2.15-B profit in 2024

  

  Tanduay Distillers, Inc. (TDI) achieved a milestone in 2024 by posting a record net income of P2.15 billion, marking a 37% increase from the previous year’s P1.57 billion. The impressive growth was powered by higher sales volumes—up 2% for liquor and 1% for bioethanol—as well as strategic pricing adjustments that pushed segment revenues to P33.85 billion, up by 13%. Despite …

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• 28 April

  BSP approves expanded FX hedging tools

  

  The Bangko Sentral ng Pilipinas (BSP), through its policy-making Monetary Board, has approved key amendments to foreign exchange (FX) regulations that are expected to enhance Filipinos’ access to hedging tools while helping deepen the local capital market. Outlined in BSP Circular No. 1212, the revised regulations expand the list of allowable FX hedging instruments involving the Philippine peso. Previously, only …

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• 28 April

  BDO maintains positive outlook for 2025

  

  BDO Unibank Inc. remains upbeat about its performance prospects for 2025 despite headwinds from global economic uncertainties, expressing confidence in the resilience of the Philippine economy to support sustained growth. BDO President and Chief Executive Officer Nestor Tan said during a briefing on Friday that the bank’s strong start in the first quarter—marked by a net income of PHP19.7 billion, …

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• 28 April

  Tax perks streamlined to spur education investments

  

  The Department of Finance (DOF) has introduced a new revenue regulation designed to unify and simplify the country’s tax incentives for the education sector to attract more investments in human capital development. Revenue Regulations (RR) No. 13-2025, which took effect on April 17, aims to streamline outdated processes that have long limited access to tax breaks provided under current laws …

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