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GoTyme pushes mandatory open finance to promote banking competition

GoTyme Bank is calling on the government to mandate open finance in the Philippines, arguing that resistance from established lenders is limiting consumers’ control over financial data and restricting access to affordable credit.

Toyota unveils Tamaraw MPUV, expands electrified vehicle lineup

Toyota Motor Philippines (TMP) will highlight its locally manufactured Tamaraw public transport platform and expanding electrified vehicle lineup at two automotive exhibitions from October 22 to 24 at the SMX Convention Center in Pasay City, reflecting its dual focus on commercial mobility and vehicle electrification.

DTI helps MNEX fast-track ₱180M Batangas manufacturing plant 

The Department of Trade and Industry (DTI) is working to accelerate the launch of Singaporean manufacturer MNEX’s P180-million precision manufacturing facility in Batangas, with production targeted to begin in early 2027.

Foreign currency reserves dip to $99.5 billion in September 

The country’s gross international reserves dipped to $99.5 billion at the end of September 2026, down from the previous month’s balance, according to data released by the Bangko Sentral ng Pilipinas.

Philippine firms face AI security gaps despite strong cyber defenses

Philippine organizations are struggling to secure artificial intelligence (AI) agents and coordinate cyber defense operations, even as they demonstrate stronger-than-average cybersecurity readiness, according to Cisco’s latest report.

Just in

GCash parent Mynt flat in historic debut

Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.

Palace delays corn import order amid harvest concerns

Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.

Power backup ready for El Niño

The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.

DA moves to support local hog producers amid low farmgate prices

The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.
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