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SM Hotels sees robust growth in hospitality

SM Hotels and Convention Corp., a subsidiary of SM Prime Holdings Inc., has planned a P15-billion expansion in the wake of strong surge in occupancy rates across its hotels and convention centers in 2024, propelled by growing travel and MICE--Meetings, Incentives, Conferences, and Exhibitions--demand.

Lender outlook highlights PH growth and prime investment opportunities

BDO Capital president Eduardo V. Francisco recently emphasized the country's promising growth prospects, positioning the country as a key player in the evolving global economy. Francisco said that the Philippines remains resilient, with growing international confidence and heightened foreign interest in the country's investment potential.

Nickel Asia, DMCI Mining partner for nickel plant development

Nickel Asia Corp., a major player in natural resources development, and emerging nickel producer DMCI Mining Corp. have forged a deal to jointly explore the feasibility of developing and operating a nickel processing plant in the Philippines.

February inflation defies consensus at only 2.1 percent

Inflation in the Philippines for February defied expectations, slowing to a lower-than-anticipated 2.1 percent, according to the Philippine Statistics Authority (PSA). This marked a significant drop from January’s 2.9 percent and was below the Bangko Sentral ng Pilipinas’ (BSP) forecast range of 2.2 percent to 3 percent.

Joint venture helping drive clean energy growth in AsPac

Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....

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Maya Crypto lets you start with just ₱1 and win ₱1 million

Curious about crypto but held back thinking it’s too complex or expensive? Maya Crypto changes that — you can buy, sell, and receive supported cryptocurrencies right inside the Maya app, no separate platform needed. You can start purchasing for as little as ₱1, so there’s no big budget required to get started.

Banks stand tough to power local economy 

The Philippine banking sector maintained its solid footing through the first half of 2026, keeping the country’s economic engine running by ensuring a steady flow of money to everyday consumers and growing businesses.

PAL expands long-haul fleet with 9 more Airbus A350-1000s, boosting global reach and passenger experience

Philippine Airlines (PAL) has sealed deals with Airbus and Rolls-Royce to acquire nine additional Airbus A350-1000 aircraft, moving forward with its major long-haul fleet expansion. The deal also includes purchase rights for five more planes and a supply of Trent XWB-97 engines, bringing PAL’s total commitment for this aircraft model to 18 units.

Converge net income down 9% in 9 months, enterprise business leads revenue growth 

Converge Information and Communications Technology Solutions Inc. reported a 9 percent drop in net income for the first nine months of 2026, falling to P8.08 billion from P8.9 billion in the same period last year — even as total revenues rose thanks to strong momentum in its enterprise business.
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