Tag: CITI

Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.

The Bureau of Internal Revenue (BIR) is gearing up for the Marcos administration's proposed tax reforms, preparing its systems and processes ahead of congressional approval to ensure quicker implementation once the measures become law.

At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.

BYD Cars Philippines expects the country's electric vehicle market to maintain its rapid growth, but says the next phase of expansion will hinge on how quickly the government and private sector can build charging infrastructure.