The government plans to let businesses register with key employee-benefit agencies through a single digital platform, potentially eliminating separate filings with the Social Security System (SSS), Philippine Health Insurance Corp. and Pag-IBIG Fund.
The Bangko Sentral ng Pilipinas (BSP) has no clear timetable for resuming interest rate cuts as it remains focused on containing inflation pressures from core prices and peso depreciation, Governor Eli Remolona Jr. said.
Alex Eala advanced to the Round of 16 at the Prudential Hong Kong Open on Tuesday. However, her straight-sets win over Australian lucky loser Emerson Jones included enough untidy moments to suggest she still has work to do.
Vista Land and Lifescapes Inc., led by the Villar group, is opening up its nationwide chain of malls and office buildings to new tenants, reaching out to leading retail brands, restaurant operators, and other businesses looking to grow their footprint across the country. The property developer manages over 1.6 million square meters of total floor space, and says bringing in more partners will help make the most of its properties while offering shoppers a wider variety of goods and services.
The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.
Heavy borrowing by global artificial intelligence companies is pushing up Philippine bond yields and making it more expensive for local businesses to raise funds, potentially squeezing investment in the country, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. warned.
The Department of Energy (DOE) has qualified nine potential bidders covering 12 projects under the country’s first Special Green Energy Auction for Waste-to-Energy (Special GEA-WTE), marking a high-turnout milestone that promises to bolster power supply while addressing local garbage management and flood control challenges.
Australian retailer Scoop Wholefoods has entered the Philippine market with a retail concept that turns bulk buying into a modern shopping experience, letting consumers purchase groceries and personal care products by weight while cutting packaging waste and avoiding the cost of buying more than they need.
EastWest has won Best Digital Banking Initiative – Philippines at the Global Retail Banking Innovation Awards, recognized for building a connected digital ecosystem that makes banking simpler and accessible for all. Chief Technology Officer Barani Sundaram received the award on the bank’s behalf.