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Bank loans accelerate 7 percent in November

The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.

DOE commits to better bid conditions in succeeding MGSP-CSP exercises

The Department of Energy (DOE) on Sunday committed to address bidder issues citing the lack of time for proponents to submit competent bids as micro-grid service providers under the competitive selection process (MGSP-CSP) program.

DITO looks to gain market share even as it tempers 2024 capex program

DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.

World Bank sees faster PH growth this year

The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023. 

SEC shuts down corporation selling financial, health benefits from mushrooms

The Securities and Exchange Commission has revoked the corporate registration of Infinity8Networks Digital Services OPC plus a fine of P1 million for illegally soliciting investments.

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Fish, finance, fortune: Alsons Development’s inclusive catch

Alsons Development and Investment Corp. (Alsons Dev) is flipping the script on Philippine aquaculture.

Philippines secures €200M for blue economy

The Philippines has secured €200 million in development financing from KfW Development Bank to protect marine ecosystems and expand economic opportunities for coastal communities.

Australia pushes Philippine growth in key sectors

Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.

Australia strengthens trade and education ties with PH

Australian Assistant Minister Matt Thistlethwaite visited the Philippines on Wednesday to lead a business mission aimed at boosting trade and investment between Australia and Southeast Asia.

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