PSE boosts PDS stake to 82.9% for P2.32-B

The Philippine Stock Exchange Inc. (PSE) is strengthening its foothold in the country’s fixed-income market with a deal to acquire a majority stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement, the stock market operator announced it…

COA flags Glan LGU’s P15.8-M vehicle purchases

The Commission on Audit (COA) has called on the Municipal Government of Glan in Sarangani province to justify its P15.8 million procurement of vehicles in 2023, citing the lack of required approval from the Department of the Interior and Local…

BSP unveils stronger, smarter polymer bills

The Bangko Sentral ng Pilipinas (BSP) is rolling out the First Philippine Polymer Banknote Series, introducing new P50, P100, P500, and P1,000 bills starting January 2025. These polymer notes, which already include the P1,000 bill released in April 2022, feature…

Staying or Leaving, ‘I’m at Peace’ — VP Sara

Vice President Sara Duterte said she has accepted whatever fate awaits her amid the ongoing political climate, emphasizing her trust in divine purpose and commitment to her responsibilities. “I’m at peace with whatever happens to me. I already accepted that…

Tax refunds for tourists, big gains for economy

Finance Secretary Ralph Recto expressed confidence in the Philippines’ economic prospects for 2025, citing the newly signed Value-Added Tax (VAT) Refund Mechanism for Non-Resident Tourists Act as a catalyst for increased tourism and domestic spending. President Ferdinand Marcos Jr. signed…