News: PH forex reserves near $100-B mark

Tuesday, August 8, 2023

PH forex reserves near $100-B mark

August 9, 2023

The Philippines' gross international reserves (GIR) may have picked up again to reach $99.7 billion at the end of July, thanks mainly to the increase in the value of the Bangko Sentral ng Pilipinas' (BSP) cache of gold amid rising prices.

By Ronnel W. Domingo

Metro Pacific rolls out hiked P55-B delisting bid

A group of tycoons and Japanese industrial giant Mitsui will launch today a P55 billion buyout offer to minority stockholders of Metro Pacific Investments Corp. with the aim of delisting the infrastructure giant from the Philippine Stock Exchange by early October this year.

By Miguel R. Camus

Charming your way out of past due debt

Debt is death to those who abuse it. But what are you to do if you find yourself buried under a ton of debt? The last thing that you should do is to frown to the point of making your eyebrows appear like they are shaking hands.

By Efren Ll. Cruz

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PROMO ENDS IN

BIZ BUZZ

Goodbye to Metrobank Plaza

At 46 years old next month, it will be one of the older buildings in Makati City. Though not the oldest in the central business district (CBD), it is starting to show its age.

By Daxim L. Lucas

INQUIRER PLUS-EXCLUSIVE

Converge debuts into entertainment streaming

Converge ICT Solutions Inc. is envisioning itself to become a digital one-stop shop for Filipinos with the launch of a TV streaming platform and potential entry into the gaming space. On Tuesday, the internet service provider launched its partnership with BlastTV, which is operated by local media company Tap Digital Media Ventures Corp.

By Tyrone Jasper C. Piad

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