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Metrobank ranks #1 in both local and G3 bonds at The Asset Benchmark Research Awards 2026

Metropolitan Bank & Trust Co. (Metrobank) has clinched first place among Philippine banks and securities firms in both the Local Currency Bonds and G3 Bonds categories of The Asset Benchmark Research Awards 2026, affirming its leadership across domestic and international bond markets.

Gov’t seeks funds for more LRT-2 trains; alternative bus service proposed to ease commuter woes

The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) are actively looking for funding to buy additional trainsets for LRT Line 2, a key move aimed at cutting down long lines that have formed at stations as passenger numbers keep growing. Right now, only eight trainsets are running on the line—one is having its Train Operating Control Panel upgraded, while another remains under repair—creating a gap between what commuters need and what the system can provide.

Kaban bets P3B on Boracay tourism future

BORACAY ISLAND, Aklan—Boracay already has the white sand, turquoise waters, and postcard sunsets. Kevin Wong is betting billions of pesos that it can offer visitors something more, and persuade them to stay longer while opening their wallets a little wider.

Philippines keeps 6.4M tourist arrivals target amid travel headwinds

The Philippines is maintaining its target of 6.4 million international tourist arrivals in 2026, banking on stronger year-end demand and improving travel from key markets to offset rising airfares, higher fuel costs and weakening consumer sentiment.

NFA cites funding gap in meeting 15-day rice buffer stock target

The National Food Authority (NFA) is struggling to meet the government’s 15-day rice buffer stock requirement as stagnant funding, limited storage and inadequate logistics constrain its ability to buy more palay from Filipino farmers.

Just in

Asia-Pacific firms accelerate supply chain shifts as tariffs mount — Citi

Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.

BPI wins honors at Alpha Southeast Asia Awards 2026

The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.

FedEx’s $100-million Clark expansion to boost Philippine exports

FedEx’s planned USD100-million expansion of its Clark Gateway Hub in Pampanga is expected to strengthen the Philippines’ air cargo network, create jobs and improve exporters’ access to international markets as the country seeks to expand its role in global trade.

BIR tightens tax collection oversight in electricity spot market

The Bureau of Internal Revenue (BIR) has tightened tax collection oversight in the Wholesale Electricity Spot Market (WESM), assigning the market operator direct responsibility for withholding and remitting taxes on electricity transactions in a move aimed at improving compliance and accountability.
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