THE World Bank expects the Philippines to become an upper middle-income country (UMIC) by 2026 even as growth fell below 6% last year. “Under our current baseline growth assumptions, average growth of ...

THE PHILIPPINE government is finalizing an incentive program that seeks to encourage car companies to boost manufacturing operations in the country, according to the Office of the Special Assistant to ...

EXPECTATIONS of below-target growth and manageable inflation should support further rate cuts by the Bangko Sentral ng Pilipinas (BSP) this year, DBS Bank said in a report. At the same time, a Nomura ...

COMMUTERS in Metro Manila will pay higher fares for the Light Rail Transit Line 1 (LRT-1) starting April 2 after the Department of Transportation (DoTr) approved a new fare matrix.

THE GOVERNMENT made a full award of the reissued 10-year Treasury bonds (T-bonds) it offered on Tuesday at a lower average rate amid good demand for higher-yielding longer tenors, with the Bangko ...

Two days from today, former Bases Conversion and Development Authority President and Chief Executive Officer and former Presidential Adviser for Flagship Programs and Projects Vince Dizon will be at ...

As discussed in the first part of this series of articles, fortune is smiling on the Philippines in this Year of the Wood Snake.

ROBINSONS LAND Corp. (RLC) said it plans to open a Uniqlo Logo Roadside store in Sierra Valley Estate, Rizal, in March. “Opening in March 2025, this exciting addition to Sierra Valley is designed to ...

AIRFARES are likely to increase after the Civil Aeronautics Board (CAB) raised the passenger fuel surcharge level for March.

MESSAGING PLATFORM Rakuten Viber plans to launch its digital wallet and payments feature Viber Pay in the Philippines by next quarter. “We already have a long list of over a million users in the ...

REAL ESTATE DEVELOPER Ayala Land, Inc. (ALI) has partnered with the city government of Santa Rosa in Laguna province for the establishment of a two-hectare complex in the Nuvali Estate. The planned ...

PHILIPPINE businesses should adopt low-code or no-code platforms to quickly develop apps as they digitize their systems, according to software-as-a-service Indian startup Kissflow. “The bigger ...