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IIF warns war, corruption slowing Philippine growth

Philippine economic growth would continue to underperform this year and next as the country faces not only headwinds from a prolonged war in the Middle East but also domestic challenges related to politics and corruption, according to the Institute of International Finance (IIF). The IIF’s latest capital flows report published …

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GMA Network’s digital views hit 11.18 billion in April

(Courtesy: GMA website) GMA Network rose 11 spots to number 13 in the Tubular Worldwide Leadership Ranking for April 2026, solidifying its position as the highest-ranking media company in Southeast Asia under the entertainment and media category. The network pulled in 11.18 billion video views across major digital platforms in …

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Banks told to beef up funds for lending

BSP Governor Eli Remolona Jr.During bad times MANILA, Philippines — Banks are now required to set aside capital that can be tapped to support lending during periods of stress – a reform approved by the Bangko Sentral ng Pilipinas (BSP) amid heightened global risks and uncertainties arising from the US-Iran …

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Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

From left to right, European Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis, European Central Bank President Christine Lagarde, President of the Eurogroup Kyriakos Pierrakakis, Managing Director and the European Stability Mechanism Pierre Gramegna talk to the media during the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, …

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SEC reduces document fees to spur business

SEC chairman Francisco Lim (Courtesy: SEC Philippines FB Page) The Securities and Exchange Commission (SEC) said it further reduced the cost of corporate document requests by 25 percent as part of efforts to improve access to corporate data and ease the cost of doing business. The regulator issued Memorandum Circular …

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Jollibee opens 109th North America store

The new Jollibee store, its third Manhattan outpost, underscores the brand’s growing mainstream appeal in the United States (Jollibee)  MANILA, Philippines — The Jollibee Group continues its expansion in North America with the opening of a new Jollibee store in New York City. The new Jollibee store, its third Manhattan …

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Musk’s SpaceX files long-awaited IPO

The SpaceX Starship spacecraft rolls past the production facility toward launch pad 2 ahead of its 12th test flight, in Starbase, Texas, U.S., May 19, 2026 (Reuters/Steve Nesius) NEW YORK — SpaceX’s filing with United States regulators was revealed on Wednesday, laying out plans for what could become the largest initial …

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SoftBank-backed SB Energy confidentially files for US IPO

POWER infrastructure firm SB Energy has confidentially filed for an initial public offering (IPO) in the United States, it said on Wednesday, seeking to tap buoyant investor demand for new listings. The IPO market is being driven by strong investor appetite for new offerings, as strong debuts of AI chipmaker …

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