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Citi launches world-first tokenized depositary receipts for private company investments

Global banking giant Citi has rolled out a new market-leading solution: tokenized digital depositary receipts for private company shares. This makes Citi the first global financial firm to both issue and act as custodian for this type of instrument, creating a clearer, more direct way for private businesses and investors to connect.

LPU Cavite joins First Gen clean energy pact, completing four-campus shift to geothermal power

Lyceum of the Philippines University (LPU) has expanded its partnership with leading local renewable energy firm First Gen, bringing its Cavite campus under clean power supply starting June 2026.

PAL expands North America flights starting late 2026

Philippine Airlines (PAL) is increasing flights to key North American cities to boost connectivity between the Philippines, the United States, Canada, and Southeast Asia.

St. Luke’s launches Philippines’ first TrueBeam Edge system

Filipino cancer patients can now access one of the world's most advanced radiotherapy technologies without traveling overseas after St. Luke's Medical Center–Quezon City unveiled the country's first and only TrueBeam Edge system, raising the bar for precision cancer treatment in the Philippines.

BOC intensifies anti-smuggling, accountability campaign

The Bureau of Customs (BOC) is intensifying its fight against illicit trade while tightening internal accountability, as Commissioner Ariel F. Nepomuceno begins his second year in office with a tougher enforcement agenda aimed at protecting government revenues and rebuilding public trust.

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Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.

Court orders arrest of VP Duterte

A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz

Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.
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