The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.
The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.
Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.
San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...
Cruise tourism in the Philippines is set to sustain its recovery momentum into 2026, buoyed by rising ship calls, policy support, and stronger regional cooperation, according to the Department of Tourism.
Asian Terminals Inc. (ATI) hit the brakes on trading Tuesday as a Maharlika Investment Corp. (MIC) tender offer set the port operator firmly on course for a voluntary exit from the Philippine Stock Exchange.
The Philippine Economic Zone Authority (PEZA) said cumulative investments under its watch surged past P4.5 trillion, reinforcing its role as a cornerstone of the country’s investment-led growth strategy.
The Philippine National Men’s Floorball team passed its first real acid test at the 33rd Southeast Asian Games—and did so with authority—outlasting regional rival Singapore, 6–4, to all but book a ticket to the gold-medal match.