The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.
The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.
Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.
San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...
A planned USD1.9-billion investment by OceanaGold to extend the life of the Didipio Gold-Copper Mine through 2037 is shaping up as more than a mining expansion—it is emerging as an early test of whether the Philippines' recent fiscal reforms can unlock a new wave of responsible resource investments.
At MWC Shanghai 2026, Globe president and CEO Carl Cruz stated during a keynote that AI’s true value lies in improving lives, not the technology itself. Speaking alongside global telecom leaders, Cruz noted the Philippines’ strong digital footprint makes it well-placed to benefit from AI.
The Bureau of Customs (BOC) sustained its strong revenue momentum in June, collecting P86.07 billion and surpassing its monthly target by P2.83 billion as stronger trade flows and tighter customs enforcement continued to lift collections.
The Philippines is accelerating its transition from traditional outsourcing to higher-value digital services after President Ferdinand Marcos Jr. secured fresh investment commitments and expanded technology partnerships with Canadian companies during his official visit to Canada.