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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.

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.

Ronald McDonald House Charities (RMHC) Philippines has expanded its early childhood education program with the opening of its 57th Ronald McDonald Bahay Bulilit Learning Center in Marikina City, reinforcing efforts to improve preschool access for children in underserved communities.

Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.

GAC Philippines is stepping up its push in the country's growing multi-purpose vehicle (MPV) market with the launch of three new models, including hybrid and plug-in hybrid variants aimed at families, premium buyers and corporate executives.