Intl maritime leaders arrive in Manila as Crew Connect Global 2026 opens
MANILA, Philippines — The global shipping industry shifts its focus to Manila this week as Seatrade Maritime Crew Connect Global 2026 officially opens today. Running through October 22 at Shangri-La The Fort, the event…
Buildrite pushes for homegrown technology to build infrastructure
Buildrite Construction Chemicals, a construction materials company, is pushing for homegrown technology to build future-ready cities and infrastructure.
Big IPO, big bonus: GCash employees get their own payday
From first-time investors to the country's business elite and the President himself, everyone turned out for GCash. Now, can its record-breaking IPO wake up the sleepy PSE?
Pag-IBIG expanding home loan subsidies amid property slump
Pag-IBIG Fund is broadening home loan subsidies with promotional interest rates to stimulate buyer demand as the Philippine residential property sector grapples with a prolonged downturn that is expected to stretch into…
Cebu-based passenger and cargo services company Aznar Shipping Corp."s plan to go public through an initial public offering (IPO) has secured the approval of the Securities and Exchange Commission (SEC).
PH auto sales bounce back in September after August slowdown
Overall vehicle sales in the Philippines rebounded in September following weather-related disruptions in August, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck…
Peso closes at record-low P63.09 for second straight day
MANILA, Philippines — The Philippine peso remained at its record-low level of P63.09 against the greenback on Tuesday, unchanged from Monday’s close. The local currency opened at P63.03:$1 and traded between P62.98 and…
Fintech giant Mynt Inc., the parent company of GCash, began trading on the Philippine Stock Exchange (PSE) on Tuesday following its historic initial public offering (IPO).
PH secures ¥236.64-billion ADB loan to ease impact of Middle East crisis
The Philippine government, through the Department of Finance (DOF), has secured ¥236.64-billion or roughly P94-billion loan from the Asian Development Bank (ADB) as financing support in efforts to cushion the impact of…
COREPLUS urges Cebu businesses to strengthen own energy systems
COREPLUS, the energy engineering and technical services are of Vivant Energy"s COREnergy, has called on businesses in Cebu to strengthen energy systems within their own operations amid power supply volatility in the…
Pag-IBIG expands subsidized financing amid real estate market slump
State shelter agency Pag-IBIG Fund is broadening home loan subsidies and promotional interest rates in an aggressive bid to stimulate buyer demand as the Philippine residential property sector grapples with a prolonged…
Mobile wallet GCash is expecting its lending and wealth management businesses driving its revenues in the next five years as it aims to bridge the financial inclusion gap in the country.
DOLE: Heat index of 40C may be used as reason not to go to work
Employees may use high heat index levels as a reason to not go to work amid the potentially record-breaking El Niño, the Department of Labor and Employment (DOLE) said on Tuesday.
FRENCH banking group BNP Paribas will open a shared services center at Megaworld Corp.’s Uptown Bonifacio township in Taguig City to support its global corporate and institutional banking operations. The office center…
Marcos: GCash listing seen to revive PH capital market
President Ferdinand "Bongbong" Marcos Jr. on Tuesday expressed optimism that the market debut of Gcash parent Mynt Inc. will bring back investor confidence in the Philippine capital market.
Students, residents told to improve saving, borrowing habits
THE Bangko Sentral ng Pilipinas (BSP) urged students and residents of Meycauayan, Bulacan to strengthen their saving and budgeting habits and exercise caution when borrowing or investing. Spearheaded by students from…
GCash parent debuts at PSE, opens with P441.5B market capitalization
Shares of Mynt Inc., the parent company of mobile wallet GCash, began trading on the Philippine Stock Exchange on Tuesday, following its initial public offering (IPO) --the largest in the local bourse"s history.
MANG Inasal’s systemwide sales rose 13.2 percent in the first half of the year, driven by sustained demand for its grilled chicken and pork barbecue, and growth in takeout, delivery and drive-thru orders, the Jollibee…
Razon-Pacquiao firm says plebiscite okays venture with SOCOTECO II
A plebiscite has approved the proposed joint venture agreement (JVA) between SOCOTECO II and Primelectric"s IGNITE Power and Energy Holdings Inc., the latter said.
THE peso plunged to a new record low of P63.09 against the greenback on Monday as the dollar strengthened against major currencies due to geopolitical uncertainties. The local currency weakened by ten and a half…
Nephroplus Philippines brings kidney health awareness and prevention to indigenous community in Oriental Mindoro
To mark its milestone of crossing 50 dialysis clinics in the Philippines, NephroPlus Philippines brought its commitment to healthcare beyond the walls of its clinics through a kidney health medical mission for the…
BOP deficit hits $3.14B in Sept, widens to near 2-year high
THE Philippines’ balance of payments (BOP) remained in deficit in September, with the shortfall breaching anew the $3-billion level and hitting nearly two-year high, data from the Bangko Sentral ng Pilipinas (BSP)…
JTI names new GM, steps up fight vs illicit tobacco trade
Tobacco company JTI Philippines has welcomed Alan Jackson as its new general manager, who will lead the firm’s push for further growth and fight against illicit trade.
THE Department of Agriculture (DA) is proposing a P61.99-billion action plan to protect food production, farmers and rural livelihood from effects of a potentially severe El Niño, the agency said on Monday. “We need to…
Half of cyberattacks in Philippines used AI – study
Almost half of digital attacks in the Philippines have depended on artificial intelligence, causing headaches to businesses struggling to keep up with new automation tools.
FINANCIAL technology company Salmon has secured $140 million (about P8.8 billion) in additional financing to expand its lending operations in the Philippines. Salmon on Monday said financing consists of $90 million in…
Salmon secures P8.8 billion to boost Philippines operations
Financial technology firm Salmon Group has secured $140 million (about P8.8 billion) in additional financing to expand its lending operations and introduce new loan products across the Philippines.
RECOGNIZED as the fastest growing digital bank in the country, GoTyme Bank yesterday said it is accelerating its customer acquisition this year, hoping to onboard a total of 12.5 million customers by year-end. “As the…
MORE Power named grand winner at Asia CEO Awards 2026
MORE Electric and Power Corp., the electric distribution utility serving Iloilo City, has been named Grand Winner of the Apex Company of the Year category at the Asia CEO Awards 2026, held at the Marriott Grand Ballroom…
MANULIFE Investments Philippines has expanded its global investment offering by transforming its real estate investment trust (REIT) feeder fund into a diversified fund. The Manulife Global Diversified Real Asset Feeder…
GoTyme raises 2026 customer target to 12.5 million
GoTyme Bank has raised its year-end customer target to 12.5 million as faster account openings and expanding lending activities fuel the digital lender’s growth, keeping it on track to turn profitable in 2027.
REESE Fernandez-Ruiz’s story made me realize that meaningful change begins with a clear purpose. She set out to promote Filipino craftsmanship and challenge the unfair conditions under which many artisans work…
DA starts probe on safeguard measures for imported pork
The Department of Agriculture has launched an investigation on preliminary safeguard measures on imported pork to determine whether higher tariffs or import restrictions are needed to protect the local industry.
THE Department of Transportation (DOTr) is exploring financing from India and France for the long-stalled Mindanao Railway project, with bidding expected to be completed in 2027. Acting Transportation Secretary Giovanni…
Rice tariff collection hits P16 billion in 9 months
Rice tariff collection from January to September this year rose by a fifth on an annual basis to nearly P16 billion, driven by higher imported volume and a weaker peso.