Digital transformation holds the potential to significantly reduce persistent economic inequality across Asia and the Pacific, but governments must act to close digital divides in infrastructure, access, and skills, according to a new report released today by the Asian Development Bank (ADB) during its annual meeting in Milan.
East West Banking Corp. (EastWest) posted net income of P1.8 billion for the first quarter of 2025, sustaining its growth momentum on the back of robust consumer lending and disciplined cost management.
The Securities and Exchange Commission (SEC) unveiled on Tuesday its fourth wave of digital initiatives, launching six new digital platforms and a modern data center aimed at streamlining regulatory processes and enhancing service delivery as part of its commitment to improving the ease of doing business in the Philippines.
In a landmark display of interagency cooperation, the Department of Information and Communications Technology (DICT), through the Cybercrime Investigation and Coordinating Center (CICC), and the Commission on Elections (COMELEC) have jointly launched a 24/7 Threat Monitoring Center aimed at preserving the integrity of the upcoming 2025 midterm elections.
Quezon Memorial Shrine lit up in Australia’s green and gold last Friday to celebrate Philippines–Australia Friendship Day and 80 years of formal diplomatic relations. A groundbreaking was also held for a new historical marker from the National Historical Commission of the Philippines, recognizing Australia’s wartime support for President Manuel L. Quezon and his government.
While financial literacy among Filipino adults rose to 74 percent in 2025 (up from 69 percent in 2021), only 30 percent have enough savings for emergencies, per the latest Bangko Sentral ng Pilipinas survey.
Lenovo Group reported its strongest full-year performance ever for fiscal 2025/26, with total revenue hitting US$83.1 billion—up 20 percent year-on-year—and adjusted net income rising 42 percent to US$2 billion.