The World Bank and the Philippine government are moving forward with a landmark agreement that could reshape the country’s agriculture sector. At a recent meeting, agriculture secretary Francisco P. Tiu Laurel Jr. and World Bank country director Zafer Mustafaoglu reviewed the progress of the Philippine Sustainable Agricultural Transformation (PSAT) loan program, with the goal of finalizing the USD1 billion loan agreement in July.
Filinvest REIT Inc., the real estate investment trust (REIT) of the Gotianun Group, said Tuesday that its shareholders have approved the issuance of 1.63 billion primary shares to its main sponsor, Filinvest Land Inc.
Couchbase, Inc., a leading developer data platform for AI-driven applications, has integrated NVIDIA's NIM microservices into its Capella AI model services to simplify and accelerate the deployment of AI-powered applications.
The Toll Regulatory Board (TRB) announced on Tuesday that it expects to implement a fully cashless and interoperable toll system across all expressways by the end of the year. This decision follows a brief suspension by the Department of Transportation (DOTr), which had initially ordered a delay for further review.
Globe Business, the enterprise arm of Globe Telecom, has teamed up with Hexnode to offer a unified endpoint management (UEM) solution tailored to businesses in the Philippines. The collaboration aims to simplify device management, improve security, and boost operational efficiency for enterprises in the region.
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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.
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 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.