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The Securities and Exchange Commission has issued a circular, increasing the minimum public float requirement for listed companies to 20 percent from the current 10 percent.

Philippine stocks bucked the regional uptrend due to the continued absence of market-moving news, analysts said.

The Bangko Sentral ng Pilipinas said monetary officials remain vigilant and are ready to step in through the deployment of macroprudential measures to protect the economy from overheating.


If there is any disheartening sight of poverty in the country, it is the growth and universal presence of unsightly urban squatting.

When the once angry young men and women of the First Quarter Storm get together, we talk mostly of two things: our aches, pains, and maintenance meds and secondly, why our country was left behind during our watch.

Latest Business News

The stock market was flat yesterday as investors opted to be cautious  on the first day of the so-called ghost month.

The tollway arm of Metro Pacific Investments Corp. is making available various electronic payment options for motorists traveling the North Luzon Expressway, Manila-Cavite Toll Expressway and the Subic-Clark-Tarlac Expressway as part of improving its service.

Macau-based Galaxy Casino is betting big on the Philippines, taking advantage of the country’s booming gaming sector, industry sources told The Star.

Japan Tobacco Inc. signed yesterday an agreement to acquire the assets of Mighty Corp., the Bulacan-based cigarette firm owned by the Wongchuking family, for a total of P46.8 billion.

The government kicked off the P458-million widening project for the Fort Bonifacio - Nichols Field Road Phase 1 in Taguig City to help decongest traffic.

State-run Social Security System is planning to tap a consortium of private insurance firms to insure some of the pension fund’s risks amid rising expenditure.

The measure that aims to institutionalize – both in private and government offices – an “optional four-day work week” as a means of maximizing and enhancing employees’ performance is now undergoing deliberations at the House of Representatives.

The Cement Manufacturers Association of the Philippines has decided to stop collating industry sales data and instead urged the government to collect the figures themselves.

State-run Land Bank of the Philippines is set to launch the first Overseas Filipino Workers Bank in Dubai in January next year, a few months behind the original target of September.

After several delays, the Department of Environment and Natural Resources may soon release its final assessment of the mining companies which had been ordered suspended and cancelled by former secretary Gina Lopez in an intensified government crackdown on mines.


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