Palay output in 1Q up 0.3%, sets new yield record
Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.
EastWest Bank reports P1.8-B 1Q 2025 net income on strong consumer lending
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.
SEC launches digital platforms, data center to boost ease of doing business
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.
DICT, COMELEC launch 24/7 threat monitoring center to safeguard 2025 elections
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.
Non-bank lenders capture millions as digital loan apps grow in popularity
Filipinos spent an estimated 1.54 billion seconds—or the equivalent of 49 years—using non-bank digital lending applications in 2024, underscoring the growing dominance of fintech platforms in delivering financial services, according to a new analysis from online lender Digido.
