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Financial inclusion surges; youth, women lead gains — BSP

The Philippines recorded improvements in financial inclusion in 2025, according to a report by the Bangko Sentral ng Pilipinas (BSP), with more young people and women gaining access to financial accounts.

Food firms warn of shortages amid supply risks

Food manufacturers and retailers are warning of potential long-term shortages as rising fuel costs and geopolitical tensions disrupt the steady flow of raw materials and finished goods into the Philippines.

DTI pushes VinFast to build Philippine EV plant

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

Just in

BIR clears tax compliance hurdle for nationwide e-notarization rollout

The Bureau of Internal Revenue (BIR) has established a mechanism for electronic notaries public to comply with documentary stamp tax (DST) requirements, addressing a key regulatory hurdle in the nationwide rollout of electronic notarization for property and corporate transactions.

 BPI names Ginbee Go to lead bank after Limcaoco

The Bank of the Philippine Islands (BPI) has named consumer banking chief Maria Cristina “Ginbee” L. Go as the incoming president and chief executive officer, the first female to hold the leadership spot in one of the Philippines’ oldest and largest banks.

BPI earns P48.9B as loans, fee income drive growth

The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.
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