PAGCOR revenue falls as gaming slowdown cuts earnings
The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.
RCBC profit slips as loan growth stays resilient
Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.
BIR readies for Marcos tax reforms as bills advance
The Bureau of Internal Revenue (BIR) is gearing up for the Marcos administration's proposed tax reforms, preparing its systems and processes ahead of congressional approval to ensure quicker implementation once the measures become law.
Ayala, Yuchengco projects get boost from lifted IT ban
At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.
BYD urges faster EV charging rollout as demand grows
BYD Cars Philippines expects the country's electric vehicle market to maintain its rapid growth, but says the next phase of expansion will hinge on how quickly the government and private sector can build charging infrastructure.
