Peso Rose to New High

The peso edged higher than the dollar earlier this week, logging its best finish this year. The stabilized oil prices boosted risk-related sentiments, which helped with the results. The local …

BSP Approves of Rural Bank Mergers

The consolidation of two rural banks received the approval of the Bangko Sentral ng Pilipinas. Both banks are in Mindanao. The merger takes place in the midst of efforts to …

SBMA Reports Profit of P1.1 Billion Pre-Tax

The Subic Bay Metropolitan Authority (SBMA) posted the previous year’s pre-tax earnings. It amounted to a total of Php 1.1 Billion. This was after it incurred an increase in foreign …

Denny’s and Texas Roadhouse to Open in Manila

The Bistro Group is set to bring three more dining brands into the Philippines. These brands include Denny’s and Texas Roadhouse. The entry of such American establishments will give the …