Philippines

Philippines eyes easing IPO float rules to lure firms like GCash

Companies will be required to keep certain minimum public float levels after listing

The ongoing graft scandal over flood infrastructure in the Philippines has hit consumer demand and investor sentiment.

Slower Philippines inflation supports another rate cut

The central bank has slashed its key rate by 175 basis points since August last year

Police estimated about 8,000 attended demonstrations in the capital, with pockets of protests also in the provinces.

Thousands mount fresh protests against Philippine corruption

THOUSANDS protested against corruption across the Philippines on Sunday (Nov 30), with a top Catholic official demanding more action from President Ferdinand Marcos Jr while rejecting “shortcuts” to c...

Since taking over from his father in the mid-2000s, Active Group president and chief executive officer Antonio Turalba Jr has sought to maintain the legacy his parents built in the company’s quest for value.
BEHIND THE NAME

Inside Asia’s family empires: Philippines’ Active Group builds its name on quality, not quantity

For more than 50 years, the developer has thrived by staying true to its vision

New Finance Secretary Frederick Go will need to steady one of Asia’s fastest-growing economies after widespread corruption allegations damped investment and consumer confidence.

Philippine finance chief vows economic rebound after corruption scandal

PHILIPPINE economic growth will return to 5.5 per cent as early as next quarter as government spending bounces back to levels seen before a corruption scandal stalled project rollouts, the nation’s ne...

“This is just the beginning. More assets will be frozen,” Philippine President Ferdinand Marcos Jr said.

Philippines freezes 12 billion pesos worth of assets in graft probe

Marcos steps up efforts to hold to account those tied to the multibillion-dollar flood-control graft

Funds are rotating back into Philippine shares as they brace for some of the steepest policy easing in emerging Asia.

Foreigners buy most Philippine stocks in two years on BSP Bets

The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher

The auction is expected to yield a minimum of 110 million pesos which will be remitted to the National Treasury, according to the customs agency.

Philippines auctions off Rolls-Royce, Mercedes-Benz cars linked to graft scandal

The scandal has slowed economic growth and soured investor sentiment on the South-east Asian nation

Guo was found guilty of running a Chinese-operated online gambling centre where hundreds of people were forced to run scams.

Former Philippines mayor Alice Guo gets life on trafficking charges: prosecutor

A PHILIPPINE court on Thursday sentenced Alice Guo, a Chinese national who became a mayor while masquerading as a Filipina, and seven others to life in prison on human trafficking charges, state prose...