Unemployment rises in June to 3.7% —PSA
The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA).
PPA to start construction of P2B cruise port in Boracay—Aklan Gov
Construction of a P2-billion cruise ship berth is set to begin in the last quarter of the year, Aklan Governor Jose Enrique Miraflores announced, as part of efforts to boost tourism on this world-renowned island.
Metrobank nets P24.8B in 1H on solid performance across segments
Metropolitan Bank & Trust Co. (Metrobank) booked a net income of PHP24.8 billion in the first half of the year supported by healthy loan...
FinQuest launches loan-matching platform
FinQuest Philippines (finquest.ph) has officially launched a new digital loan-matching platform designed to connect small and medium-sized enterprises (SMEs) with a network of banks and financial institutions. The goal is to accelerate access to business financing across the country.
Alert raised over Visayas Grid as power plant outages continue
The Visayas Grid had been placed under yellow alert from 1:00 p.m. to 9:00 p.m. on Tuesday, as the National Grid Corporation of the Philippines (NGCP) flagged low power reserves amid rising electricity demand and continued outages across multiple power plants.
