GCASH RISKS ITS IPO BID FOR SHOWING MYNT’S FINANCIAL VULNERABILITY

As Mynt moves forward with what could become the largest initial public offering (IPO) in Philippine history, recent statements explaining why GCash cannot yet eliminate transfer fees may have inadvertently drawn attention to a critical issue that investors closely monitor: the sustainability of the company’s earnings model. The disclosure comes at a sensitive time for…

Biz groups back state of national energy emergency declaration

MANILA – Business groups on Wednesday expressed appreciation for Malacañang’s declaration of a state of national energy emergency, and the measures targeted to help cushion the impact of the Middle East conflict on the domestic economy. In a statement, the Philippine Chamber of Commerce and Industry (PCCI) said the declaration, as contained in Executive Order (EO)…

BDO, 2GO reaffirm commitment to bring overseas Filipino families closer through exclusive discounts on shipping and travel

BDO Unibank (BDO) has reaffirmed its partnership with 2GO, the country’s leading logistics and travel services provider, to make connecting with loved ones easier, more affordable, and more heartfelt for Filipinos everywhere. Through this collaboration, BDO Kabayan Savings account holders can enjoy exclusive discounts on 2GO’s shipping and travel services—a shared effort between two trusted…