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BDO eliminates digital transaction fees with BDO Pay app

Banking giant BDO Unibank is stepping up its digital finance push by offering completely fee-free transactions on its payment platform, BDO Pay, while launching a cash reward incentive for users who refer family and friends.

Kansai Electric invests in Philippine hydropower storage project

Japanese utility Kansai Electric Power Co. is betting on the Philippines' clean energy transition, acquiring a stake in the 600-megawatt Wawa Pumped Storage Hydropower Project in Rizal as demand grows for technologies that can stabilize an increasingly renewable-powered grid.

MAP backs Pax Silica with safeguards for national interest

The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.

Temasek-backed deal lifts Philippine AI startup ambitions

A strategic investment by Singapore's Temus in Filipina-founded Thinking Machines Data Science is reinforcing investor confidence in Philippine-built artificial intelligence, as demand for enterprise AI solutions accelerates across Southeast Asia.

MREIT earnings climb as dividends rise on expansion

MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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