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.
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 Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) 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.
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.
Filipino motorists appreciate the freedom to leave the house on a given morning without checking the last digit of the license plate. In Metro Manila, this can be worth a surprising amount of money. A day without number coding means another day of using the car, another day without arranging a ride, another day without pondering why a perfectly serviceable vehicle has to stay in the garage. So when a salesperson mentions that a particular electrified vehicle can be driven even on its coding day, a prospective buyer has incentive to sit up a little straighter.
Converge ICT Solutions Inc. has secured a historic triple distinction at the 2026 HR Asia Best Companies to Work for in Asia Awards, cementing its reputation as a leading Philippine employer. The fiber broadband and tech provider took home top honours across three categories: Best Companies to Work for in Asia, Diversity, Equity and Inclusion, and Sustainable Workplace.