UP Innovation Summit opens, targets partnerships growth
The University of the Philippines will launch its inaugural Inoblasyon Innovation Summit on May 5 at the SMX Convention Center Aura, convening leaders from industry, government, and academia in a bid to accelerate collaboration across the country’s innovation ecosystem.
Philippine manufacturing contracts as costs, demand bite
The Philippines’ manufacturing sector slipped into contraction in April, its first downturn since November, as weakening demand and rising costs weighed on output, according to S&P Global Market Intelligence.
ACEN funds battery project with internal loan
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.
Embedded credit sneaks into everyday Filipino spending
Credit, it turns out, no longer waits at the bank. It shows up at payday, at checkout, and increasingly right where Filipinos need it.
ADB launches financing facility to power critical minerals value
The Asian Development Bank (ADB) has launched a new financing facility aimed at helping countries in Asia and the Pacific move up the value chain in critical minerals, a sector seen as central to clean energy, electric vehicles, and digital technologies.
