BDO Unibank Inc. (BDO), the country's largest bank by assets, has financed the expansion of Richli Water, a Tagbilaran-based utility firm, in a move that highlights the rising importance of sustainable infrastructure investment in addressing water scarcity.
Aboitiz Power Corp. said Wednesday that its wholly-owned subsidiary, Therma Power-Visayas, Inc. (TPVI), received confirmation from the National Grid Corp. of the Philippines (NGCP) regarding the disconnection of its power assets in Naga City, Cebu.
Philippine fintech leader Eplayment is doubling down on its support for the creator economy with the launch of PIXEL Academy, an educational initiative under its content platform PIXEL.
Maya Bank has been named the Best Overall Bank in the Philippines by Forbes magazine, and the country’s top digital bank by The Banker, a publication of the Financial Times, marking a significant milestone for the fintech-driven institution and cementing its position at the forefront of the country’s rapidly evolving banking landscape.
Personal remittances from Overseas Filipinos (OFs) reached USD3.02 billion in February 2025, marking a 2.6 percent increase from the USD2.95 billion recorded in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported. The continued growth in remittances remains a crucial source of foreign exchange for the economy.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.