THE MARCOS administration has shelved a plan to overhaul the pension system for military and uniformed personnel (MUP), Finance Secretary Ralph G. Recto said.

THE BANGKO Sentral ng Pilipinas (BSP) on Tuesday vowed to continue efforts to combat financial crimes, after the Philippines officially exited the European Union’s (EU) list of countries that are at ...

LISTED oil firm Shell Pilipinas Corp. (SPC) plans to spend up to P4 billion in capital expenditure (capex) through 2030 to expand its asset portfolio in line with its medium-term growth strategy, its ...

SM HOTELS and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings, Inc., targets to open the P1.5-billion Park Inn by Radisson in Sta. Rosa, Laguna by the first quarter (Q1) of 2029 as ...

PHILIPPINE SEVEN CORP. (PSC), the exclusive licensee of the 7-Eleven convenience store brand in the country, aims to open around 250 new stores by year-end, a company official said. “We’re looking at ...

THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at lower rates amid strong demand on expectations that borrowing costs will continue to go down. The ...

LISTED grocery retailer Puregold Price Club, Inc. plans to open eight new branches by the end of 2025 as part of its nationwide expansion strategy. The supermarket chain will open new stores in ...

CLARK AIRPORT OPERATOR LIPAD Corp. has trimmed its 2025 passenger volume projection to 3 million, down from a previous estimate of 3.2 million, following the government’s postponement of the complete ...

INTERNATIONAL BALLET STARS from Russia’s Mariinsky Ballet will be bringing fresh fire to the home stage of Ballet Manila for a restaging of the energetic Don Quixote. The three-night affair, set for ...

NTT DATA Payment Services, a subsidiary of NTT DATA that is part of Japan’s NTT Group, has launched its merchant payments solutions suite ADAPTIS in the Philippines. “In the fast-moving digital ...

THE Civil Aeronautics Board (CAB) has kept the passenger fuel surcharge at Level 4 for September, keeping airline fuel charges steady for the month. In an advisory on Tuesday, the CAB said the ...

THE PESO weakened against the dollar on Tuesday as market players awaited the US Federal Reserve’s Jackson Hole symposium, where officials are expected to provide clues on the central bank’s policy ...