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 …

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 …

US Top Court Rules for Liberty Mutual

On Tuesday, the U.S. Supreme Court ruled that health insurers in Vermont cannot be compelled to hand over data on medical expenses. In doing so, they’ve backed the Liberty Mutual …

SM to Consolidate Retail Businesses

Henry Sy, Sr. plans on merging his retail assets under SM Retail, Inc. that will form a larger business with almost 2,000 stores in total. The move is aimed at …

Election Lift Expected for the Peso

It is expected that the upcoming national elections will be good news for the peso. This expectation partially comes from history, since previous elections in 1998, 2004, and 2010 had …

Malaysia Eyes Philippines as Market for Raw Material

Malaysia Trade Office Commissioner Nyaee Ayup called on local producers for the exploration of opportunities in supplying raw materials to several Malaysian manufacturing companies. In an interview, she stated that …