Pfizer to lower prescription drug costs for Medicaid in a deal with Trump

WASHINGTON, United States — Pfizer has agreed to lower the cost of prescription drugs for Medicaid under a deal struck with the Trump administration, President Donald Trump said Tuesday, as he promised similar deals with other drugmakers under the threat of tariffs. Trump made the announcement at the White House alongside Pfizer CEO Albert Bourla Continue reading Pfizer to lower prescription drug costs for Medicaid in a deal with Trump

Philippines to incur BOP deficit in 2025, 2026 – BSP

MANILA, Philippines — The country’s balance of payments (BOP) is seen to swing to a deficit this year and remain in the red next year as global uncertainties and new US tariffs curb trade and investment flows. According to the Bangko Sentral ng Pilipinas (BSP), the current account shortfall is expected to stay at around 3 Continue reading Philippines to incur BOP deficit in 2025, 2026 – BSP

Wall Street yawns at DC’s looming shutdown as Dow sets new record

NEW YORK, United States — U.S. stocks coasted to the finish of their latest winning month on Tuesday, as Wall Street yawned at the potential shutdown of the U.S. federal government that’s looming. The S&P 500 rose 0.4 percent to close out its fifth straight winning month after setting a record last week. The Dow Continue reading Wall Street yawns at DC’s looming shutdown as Dow sets new record

IFC, ADB poised to pour $245M into Maynilad IPO

MANILA, Philippines – Two of the world’s major multilateral institutions may come in as cornerstone investors for the initial public offering (IPO) of Maynilad Water Services Inc. next month, chipping in as much as $245 million combined. In its latest preliminary prospectus, Maynilad said International Finance Corp. (IFC), the private sector arm of the World Continue reading IFC, ADB poised to pour $245M into Maynilad IPO

Petron certified as LPG training hub

MANILA, Philippines – Petron Corp., part of the San Miguel group, has become the first oil firm accredited as an official training institution in the liquefied petroleum gas (LPG) industry. In a statement Tuesday, Petron said it had secured the certification from the Department of Energy (DOE) last week. READ: Petron raises P32B from bond Continue reading Petron certified as LPG training hub