Banks signal stable lending standards and growing loan demand for Q3 2023
The various banks are set to keep their lending standards mostly unchanged through the third quarter of 2026, pointing to a resilient banking system that remains well-positioned to drive economic growth despite ongoing geopolitical uncertainties.
AI reshapes Metro Manila office leasing as firms pause
Metro Manila's office market entered a wait-and-see phase in the first half of 2026 as companies delayed leasing decisions to reassess how artificial intelligence will reshape their workplace needs, although demand continued to favor premium office buildings in prime business districts.
Pax Silica project seen creating 500,000 digital jobs
The Department of Information and Communications Technology (DICT) says the proposed Pax Silica initiative could generate between 180,000 and 500,000 digital and digital-related jobs, as the Philippines emerges as a top choice for artificial intelligence and data center investments.
AEV first half net income 62% to P13.6 billion led by power segment
Aboitiz Equity Ventures Inc. reported a 62 percent jump in first-half net income to P13.6 billion from P8.38 billion a year earlier, driven mainly by a stronger power business. Second-quarter earnings alone grew 40 percent to P7.3 billion.
Globe’s Hapag Movement wins two international awards, exceeds hunger relief targets
Globe’s Hapag Movement, its nationwide drive to end involuntary hunger, has taken home two honors at the Marketing Interactive PR Asia Awards in Singapore.
