DigiPlus Interactive Corp. has moved closer to sealing its P12 billion investment in Hong Kong-listed International Entertainment Corp. after IEC shareholders approved the subscription agreement and related whitewash waiver in a special meeting on February 26.
The Bank of the Philippine Islands (BPI) has introduced a new Debit Mastercard made from 100 percent recycled, PVC-free plastic as part of its push for more sustainable banking.
With inflation easing and interest rates expected to stabilize, Security Bank Wealth is urging Filipino investors to rethink their strategies, warning that 2026 will demand greater discipline, wider diversification, and sharper decision-making.
Discovery World Corp. is shoring up its war chest as it approved fresh capital infusions into two wholly-owned subsidiaries, and a 66 million share issuance to bolster working capital and support resort expansion.
Inflation is expected to pick up slightly in February but remain within the government’s target, according to Metropolitan Bank & Trust Company (Metrobank).
The bank...
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.