ADB cuts Asia growth forecast, sees higher inflation amid Middle East crisis
The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.
Globe upgrades loan services for prepaid users
Telecom company Globe Telecom has improved its load and promo loan services for Globe Prepaid and TM users, making it easier for Filipinos to stay connected even without mobile balance.
SM Investments says retail business to help drive growth amid challenges
SM Investments Corp. (SMIC) said its retail segment is expected to help sustain the company as it navigates a challenging economic environment.
Probable cause found to impeach VP
The Committee on Justice of the House of Representatives on Wednesday found sufficient evidence to establish probable cause to support an impeachment complaint against Vice President Sara Duterte, citing allegations of misuse of confidential funds, threats against President Ferdinand Marcos Jr. and his family, and unexplained wealth. The committee report will be elevated to the plenary, where at least one-third of the 316-member House, or 105 lawmakers, must vote to approve the Articles of Impeachment. If approved, the case will be transmitted to the Senate, which will convene as an impeachment court for trial. All 53 members of justice committee present voted in favor of the findings.
Security Bank revamps board, sets sight on stronger returns in 2026
Security Bank Corp. On Wednesday announced changes to its board of directors during its annual stockholders’ meeting, along with updates on its performance and plans for 2026.
