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Security Bank’s wholesale banking head steps down; interim oversight set

Security Bank announced Monday that John Cary Ong will leave his post as head of the wholesale banking segment.

Mindoro Grid upgrade powers long-term energy fix

The Marcos administration is moving beyond short-term remedies for Mindoro's recurring power woes, backing a series of major infrastructure projects aimed at integrating the island into the national grid and securing its long-term energy future.

CREIT targets new asset infusion by end-2026, aims to be PH’s largest REIT

Citicore Energy REIT Corp. (CREIT) plans to complete its next batch of asset additions within this year, pending regulatory approvals, as it moves to expand its renewable energy portfolio.

PrimeWater insists on legal manuvers over addressing undelivered SJDM Bulacan services

San Jose del Monte (SJDM) City in Bulacan faces another legal hurdle in its bid to fix long-running water supply issues, as PrimeWater Infrastructure Corp.—part of the Villar Group—filed a new petition seeking to stop the local government’s improvement efforts.

2026 investment blueprint targets high-value growth 

The Marcos administration has approved the 2026 Strategic Investment Priority Plan (SIPP), a move that economic managers say will sharpen the country's investment strategy by channeling incentives toward industries expected to drive future growth, job creation, and economic transformation.

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Bank lending surges while money supply growth cools slightly 

The Bangko Sentral ng Pilipinas (BSP) reported a pick-up in bank lending activity alongside a slight cooling in overall money supply expansion for July, signaling continued economic momentum driven by robust borrowing.

Philippine jobless rate up as more seek jobs

The Philippine labor market took a sharper turn in July as unemployment climbed to 6.0 percent, even as more Filipinos entered the workforce, pointing to a widening gap between the number of people seeking jobs and available opportunities.

ASEAN oil stockpiling plan gains support from five countries

The Philippines’ push for an ASEAN oil stockpiling mechanism is gaining momentum, with five countries signaling support for a regional system designed to cushion members from future supply disruptions, Trade Secretary Cristina Roque said.

PH data centers eye catch-up with Singapore, Malaysia

The Philippines has room to narrow its data center gap with Singapore and Malaysia, with abundant land, expanding power capacity, and rising investor interest giving the industry room to grow, the Data Center Association of the Philippines (DCAP) said.
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