Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).
The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.
Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.
Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.
The Mining Industry Coordinating Council (MICC) is seeking to restore Indigenous Peoples’ control over ancestral lands after mining companies complete their operations and rehabilitation obligations, putting post-mining land rights at the center of proposed reforms.