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Globe hits over ₱510-M energy savings in 2025
Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.
BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule
FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.
Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
PAL raises additional $50 million to fund fleet upgrade and route expansion
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.
GSIS net income jumps 28%, gains go straight to members
The Government Service Insurance System (GSIS) earned P94.75 billion in the first half of 2026—up nearly 28 percent year-on-year—with total assets rising to P2.05 trillion. Operating costs stayed very low, so 94 centavos of every peso spent went directly to benefits and claims.
Central bank projects inflation no higher than 6.6% in July
The Bangko Sentral ng Pilipinas projects inflation will fall between 5.6 percent and 6.6 percent. The range reflects competing forces shaping the economy.
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Globe hits over ₱510-M energy savings in 2025
Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.
BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule
FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.
Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
PAL raises additional $50 million to fund fleet upgrade and route expansion
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.
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Globe hits over ₱510-M energy savings in 2025
Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.
BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule
FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.
Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
PAL raises additional $50 million to fund fleet upgrade and route expansion
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.
GSIS net income jumps 28%, gains go straight to members
The Government Service Insurance System (GSIS) earned P94.75 billion in the first half of 2026—up nearly 28 percent year-on-year—with total assets rising to P2.05 trillion. Operating costs stayed very low, so 94 centavos of every peso spent went directly to benefits and claims.
Central bank projects inflation no higher than 6.6% in July
The Bangko Sentral ng Pilipinas projects inflation will fall between 5.6 percent and 6.6 percent. The range reflects competing forces shaping the economy.
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BOI explores China tie-up to boost EV workforce
The Board of Investments (BOI) is seeking to strengthen the Philippines' electric vehicle (EV) talent pipeline through a potential partnership with China's largest automotive vocational education institution, as the government works to attract more EV manufacturing investments.
EV incentives targets manufacturing investments, quality jobs
The government is looking to accelerate the country's electric vehicle (EV) industry with a new incentive program that it says will attract global manufacturers, strengthen local production and create quality jobs.
Metrobank holds steady at P24.9 billion first-half 2026 income despite challenges
Metropolitan Bank & Trust Co., or Metrobank, reported a steady net income of P24.9 billion for the first half of 2026, delivering stable earnings even as the broader business environment remained difficult for the banking sector.