Wednesday, 10 September 2025, 4:49 pm

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    Visa, Plan International push for financial literacy of young people

    Global digital payments platform Visa has partnered with Plan International to improve the financial and business literacy of girls and young people in the Philippines and Indonesia.

    Aboitiz digital bank partners with MPIC’s healthcare arm

    The digital arm of Aboitiz-led Union Bank of the Philippines has partnered with conglomerate Metro Pacific Investments Corp. (MPIC) as part of its efforts...

    Budget support for rice production doubles to P30.3 billion

    The government has doubled the budget support for the production of rice in the 2023 iteration of the nation’s spending program to P30.30 billion, according to the Department of Budget and Management.

    “Local banks are financially stable and well-capitalized”

    The influential Bankers Association of the Philippines (BAP) on Tuesday gave assurance the banking public need not worry over recent developments in the US financial system one of whose banks has collapsed and taken over by authorities.

    Power firm bares P20B renewable energy projects over 5 years

    Renewable energy developer Alternergy Holdings Corp. is prepared to spend up to P20 billion over the next three to five years and install 350 megawatts (MW) worth of new energy projects.

    Just in

    VITRO Inc. reports record growth in colocation business

    VITRO Inc., the data center division of the PLDT Group and a wholly-owned subsidiary of ePLDT, has posted a 36 percent year-on-year revenue increase in its colocation business for the first half of the year.

    MPCALA partners to complete CALAX construction

    MPCALA Holdings Inc., the concessionaire of the Cavite-Laguna Expressway (CALAX), has signed an agreement with EEI Corporation and CM Pancho Construction, Inc. (CMPCI) to complete the remaining construction works of CALAX.

    FDI remains a vital capital source despite slower inflows

    Foreign direct investments (FDI) continue to provide critical supplementary capital that the Philippines cannot generate domestically, despite a slowdown in inflows, according to the Bangko Sentral ng Pilipinas (BSP).

    Jobless rate hits 3-year high 5.3% in July amid storms

    The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.
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