Metrobank reports ₱12.6B profit in Q1 2026
Metropolitan Bank & Trust Co. (Metrobank) posted a net income of ₱12.6 billion in the first quarter of 2026, supported by steady asset growth, improved margins, and higher fee-based income.
Inflation hits 3-year high on oil shocks, policy tightening eyed
Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.
TESDA, Nestlé expand coffee training for farmers
The Technical Education and Skills Development Authority (TESDA) and Nestlé Philippines are ramping up a joint initiative to upskill Filipino coffee farmers, aiming to boost productivity, enhance bean quality, and create more sustainable livelihoods in rural communities.
Agricultural trade deficit widens in March to $1.17B
The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.
VinFast pushes EV dominance as Philippines accelerates
Determined to retain its lead as the Philippines’ top battery electric vehicle (BEV) brand, VinFast is pursuing a parallel ambition: becoming the country’s foremost provider of electric vehicle charging stations (EVCS).
