Cerberus Capital Management plans to expand its operations in Subic Bay in the Philippines, as the US renews interest in its former naval base, which is being considered as a regional ammunition …
Will US-built naval facilities in Philippines strengthen Manila’s hand in South China Sea?
The maintenance facilities in Palawan are in a strategically important location and one analyst said they may help Manila ‘counter’ China.
Property woes prompt 8990 Holdings delisting
The challenging residential property market in the Philippines may have driven mass housing developer 8990 Holdings Inc.’s P6.1-billion exit from the local bourse. Ron Acoba, chief investment …
Property Zooms Ahead in Philippines – WSJ
The Philippine real-estate sector is enjoying a boom as new property floods a market usually stifled by low prices and developers notorious for completing projects years behind schedule.
BB honours Sri Lankan bankers for foiling 2016’s reserve heist
In February 2016, hackers stole $101 million from BB’s accounts with the Federal Reserve Bank of New York. Of the amount, $81 million was transferred to four accounts with RCBC in the Philippines and …
7 Eleven sees 5,000 Philippine stores in 2026
Philippine Seven Corp. (PSC), the exclusive licensor of 7 Eleven convenience stores in the Philippines, expects to exceed the 5,000 store count next year. It is banking on its expansion in the Visayas …
Philippines Neo-Western ‘Salvageland’ From Rein Entertainment Begins Production (EXCLUSIVE)
Production has begun on ‘Salvageland,’ a neo-Western from the Philippines that sees veteran actor Richard Gomez return to theatrical features.
Carla Abellana calls out alleged tax corruption in the Philippines
Carla Abellana has taken to social media to express her frustration over what she claims is “blatant corruption” in the property tax declaration process in the Philippines. In a series of Instagram …
farm business that makes billion in the Philippines
Vietnam has emerged as one of Southeast Asia’s fastest-growing economies through deliberate and coherent policy reform, while the Philippines continues to underperform despite its demographic and …
BSP vows deeper financial inclusion amid dip in account ownership
The Bangko Sentral ng Pilipinas (BSP) has pledged to deepen financial inclusion in the Philippines to bring more Filipinos into the formal financial …