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BOI explores China tie-up to boost EV workforce

The Board of Investments (BOI) is seeking to strengthen the Philippines' electric vehicle (EV) talent pipeline through a potential partnership with China's largest automotive vocational education institution, as the government works to attract more EV manufacturing investments.

EV incentives targets manufacturing investments, quality jobs

The government is looking to accelerate the country's electric vehicle (EV) industry with a new incentive program that it says will attract global manufacturers, strengthen local production and create quality jobs.

Metrobank holds steady at P24.9 billion first-half 2026 income despite challenges

Metropolitan Bank & Trust Co., or Metrobank, reported a steady net income of P24.9 billion for the first half of 2026, delivering stable earnings even as the broader business environment remained difficult for the banking sector.

Slower bank lending, softer liquidity point to cautious economy 

The engine powering the nation's money supply in June slowed its pace as both corporate and individual borrowers took a step back. Growth in loans from universal and commercial banks eased to 9.8 percent year-on-year, down from a faster 12.1 percent sprint in May.

HashMicro rolls out AI OS for Philippine enterprises 

Enterprise software provider HashMicro has launched an artificial intelligence (AI) operating system in the Philippines, betting that businesses are ready to move beyond experimenting with AI and begin embedding it into core operations.

Just in

Gov’t files record 105 expropriation cases for NSCR

The Department of Transportation (DOTr) and the Office of the Solicitor General (OSG) have filed 105 expropriation cases for the North-South Commuter Railway (NSCR)—the most ever filed for a single infrastructure project by the agency.

Growth hits post-2009 low on surging energy costs and weak infrastructure spending  

Growth measured as the gross domestic product (GDP) is seen to have slowed sharply to 1.9 percent year-on-year in the second quarter of 2026, down from 2.8 percent in the previous quarter, according to the Bank of the Philippine Islands (BPI).

Globe hits over ₱510-M energy savings in 2025

Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.

BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule 

FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.
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