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TPB wraps up Camiguin tourism program, boosts dive sector

The Tourism Promotions Board (TPB) Philippines has successfully concluded its Domestic Tourism Invitational Program (DTIP) held in Camiguin, Northern Mindanao in July. The event brought together 11 tour operators and travel agents affiliated with TPB for an Open Water Dive Course, designed to build the country’s reputation as a top diving destination. Camiguin was chosen as the host site shortly after it became the only Philippine location included in The New York Times’ latest “52 Places to Go” list.

CBS earnings stay resilient as lending fuels first-half growth

CBS posted a net income of P1.19 billion in the first half of 2026, demonstrating the resilience of its core lending business as loan growth helped cushion the impact of global geopolitical uncertainties and a challenging domestic economic environment.

Technical issue temporarily takes down central bank website  

The Bangko Sentral ng Pilipinas (BSP) site is temporarily offline as technical teams address an unexpected system disruption.

SSS raises Century Properties stake to nearly 10%

The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.

EastWest in Tesla Philippines exclusive August 10 electric vehicle event 

East West Banking Corporation (EastWest) has teamed up with Tesla Philippines once again to give its select clients special access to premium electric vehicle experiences and offers. This follows the success of their first private gathering held last May 2026 at Tesla Center Manila.

Just in

Emperador rejoins FTSE index as Small Cap

Emperador Inc., the listed liquor company of tycoon Andrew Tan,  is re-entering the FTSE Global Equity Index Series as a Small Cap constituent, giving the Philippine-listed spirits company renewed exposure to global institutional investors.

DOF says RPVARA delay will not mean tax hikes 

The Department of Finance (DOF) has assured property owners and housing developers that the deferred rollout of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically lead to higher property taxes, giving local governments more time to prepare for the overhaul.

Government puts P1B into AI flood forecasting 

The government is investing P1 billion to upgrade the Nationwide Operational Assessment of Hazards, better known as Project NOAH, its artificial intelligence-powered flood forecasting and hazard monitoring initiative, aiming to give authorities more time to respond to disasters and reduce damage to lives, livelihoods, and public infrastructure.

Mindanao targeted as next engine of Philippine growth

The government is positioning Mindanao as a major growth hub for the Philippines’ next wave of investment, targeting future industries such as clean energy, advanced manufacturing, digital infrastructure, agribusiness, and logistics.
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