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Japan credit watcher maintains Philippines’ investment grade rating
Japan Credit Rating Agency Ltd. affirmed the Philippines’ credit rating at A- with a stable outlook, citing the continued commitment of...
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Evolves Co
Mar 12, 20231 min read
San Miguel’s beer unit continues to thrive with steady growth in profit
San Miguel Brewery Inc. (SMB) continues to show impressive growth with net income rising by 6.4 percent to P21.8 billion, thanks to its...
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Evolves Co
Mar 5, 20232 min read
Ken Griffin’s hedge fund Citadel is up again in 2023 following a record year
Billionaire investor Ken Griffin’s flagship hedge fund matched the broader market’s performance in the beginning of 2023 following a...
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Evolves Co
Mar 5, 20231 min read
China sets GDP target of ‘around 5%’ for 2023
BEIJING — China set a growth target of “around 5%” for 2023, according to Premier Li Keqiang’s government work report released Sunday....
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Evolves Co
Mar 5, 20231 min read
Corporations get relief as SEC extends deadline for submission of annual financial statements
The Securities and Exchange Commission has announced an extension of the deadline for the submission of annual financial statements (AFS)...
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Evolves Co
Mar 5, 20231 min read
Biggest haul in years: Customs seizes P1B worth of smuggled cigarettes in Sulu
The Bureau of Customs (BOC) has seized P1.4-billion worth of smuggled cigarettes in two warehouses in Indanan, Sulu, considered as the...
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Evolves Co
Feb 19, 20232 min read
China’s rebound is the biggest unknown facing oil markets, IEA chief says
The International Energy Agency’s executive director said Friday that the biggest uncertainty facing global energy markets is the extent...
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Evolves Co
Feb 19, 20231 min read
Dow closes more than 100 points higher on Friday, but notches third straight week of losses on rate
U.S. stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The Dow...
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Evolves Co
Feb 19, 20233 min read
Philippine consumption is likely to slow this year
Customers look for cheap clothes at a market in Taytay, Rizal. — PHILIPPINE STAR/ MICHAEL VARCAS CONSUMPTION in the Philippines will...
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Evolves Co
Feb 19, 20231 min read
BSP sees 25 or 50 bps rate hike in March
The Philippine central bank on Friday flagged a 25 or 50 basis points rate hike at its next meeting, with inflation as the primary...
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Evolves Co
Jan 21, 20231 min read
‘China cannot be out, China must be in’: France says it’s diverging with Washington on Beijing ties
DAVOS, Switzerland — The European Union does not see eye-to-eye with the United States when it comes to opposing China, the French...
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Evolves Co
Jan 21, 20234 min read
Google to lay off 12,000 people — read the memo CEO Sundar Pichai sent to staff
Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid...
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Evolves Co
Jan 21, 20231 min read
Ricky Razon’s Manila Water to invest P81.8 billion to ensure 24/7 supply
Manila Water, led by ultra bilyonaryo Ricky Razon, is preparing to invest P81.8 billion to rehabilitate its existing facilities and build...
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Evolves Co
Jan 21, 20231 min read
Marina urged to probe operations of shipping firm with Chinese crew
Marina urged to probe operations of shipping firm with Chinese crew The Maritime Industry Authority (Marina) is being urged to look into...
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Evolves Co
Jan 14, 20231 min read
MVP Group confirms Bilyonaryo.com story: MPIC mulls delisting from PSE
Metro Pacific Investments Corp. (MPIC) has confirmed that it is considering delisting its shares from the Philippine Stock Exchange but...
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Evolves Co
Jan 14, 20232 min read
Make every drop count: Ricky Razon wants to ensure water security for all
Ultra bilyonaryo Ricky Razon-led Manila Water has set in place a blueprint that will ensure sufficient water supply to meet the demand of...
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Evolves Co
Dec 22, 20222 min read
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment...
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Evolves Co
Dec 22, 20222 min read
New bill will force Twitter, TikTok and other social media platforms to increase transparency
A bipartisan group of senators introduced a bill on Wednesday aimed at increasing transparency for Twitter, Facebook, and other social...
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Evolves Co
Dec 22, 20222 min read
SEC says it will only accept online, offsite payments starting Feb.
DAVID DVORACEK-UNSPLASH THE SECURITIES and Exchange Commission (SEC) will accept only online payments and payments made to Land Bank of...
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Evolves Co
Dec 22, 20221 min read
Budget deficit narrows in November
THE NATIONAL Government’s budget deficit narrowed to P123.9 billion in November, as revenue growth outpaced state spending. A WORKER cuts...
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