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PH elected as host country for Loss and Damage Fund arising from climate change

The Department of Environment and Natural Resources (DENR) on Wednesday said the Philippines was elected as host country of the Board of the Fund meeting as response to loss and damage due to climate change.

Phinma Foundation freshens up management with young blood

Phinma Foundation Inc. on Wednesday announced the appointment of new executives led by Nicole del Rosario-Serafica as president.

Aboitiz InfraCapital rivals submit Laguindingan Airport upgrade/operations Swiss challenge in mid-August

The Department of Transportation (DOTr) targets to hold the Laguindingan International Airport upgrade and operations project to a Swiss Challenge in August. 

Philippines trade deficit widened in May to $4.6 billion; electronics led export decline

The Philippines' trade deficit widened in May to USD4.6 billion from USD4.4 billion in the year-earlier period as the decline in exports, led by lower sales of electronic products, was magnified by a margin decline in imports.

Asialink secures funds from Korea’s Hana Bank

Asialink Finance Corp. has secured a P125 million credit line from KEB Hana Bank Global to shore up its lending resources for the Philippines’ small-scale businesses. This is Asialink’s first financial tie-up with a Korean bank.  

Just in

BPI earns P48.9B as loans, fee income drive growth

The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

JPMorganChase earns two awards for workplace inclusion

JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.
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