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Robinsons Retail raises stake in BPI to 6.8% for P19.7B

Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...

Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

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.

Malacañang to make permanent  joint memo facilitating quick telco tower construction

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 Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

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.

SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...

Just in

Didipio expansion fuels mining, investor confidence, regional growth

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.

Globe chief: AI future rests on people, trust, purpose – not just tech 

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.

Customs beats June goal, stays on track for P1T goal

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.

Canada fuels Philippine shift toward advanced digital services 

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.
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