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    BPI sets record 9-month net income on sustained loan, margin expansion

    Bank of the Philippine Islands said Thursday hit a historical high for nine-month net income on the back of sustained loan and interest margin...

    Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory

    Tesla CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers, adding the electric vehicle maker was hesitating on its plans for a factory in Mexico as it gauges the economic outlook.

    Meat imports down 8.6 percent over nine months

    The Philippines imported 923.16 million kg of meat in the first nine months, down 8.6 percent from 1.01 billion kilos of the commodity last year, according to the Bureau of Animal Industry (BAI).

    Bayad, RCBC renew digital financial services pact

    CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.

    President Marcos stalls push to implement Maharlika Fund

    President Ferdinand Marcos Jr. stalled the rapid push to bring to life the Maharlika Investment Fund, seeking more time to review the details of the implementing rules and regulations, or IRR, to ensure safeguards are in place.

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    GoTyme Bank hits 7.8 million depositors

    GoTyme Bank, a joint venture between Gokongwei Group and Tyme Bank, said on Thursday that it has reached 7.8 million customers as it marks its third year in the Philippines.

    Cavite industrial estate adopts retail aggregation program

    MPower, the retail electricity arm of Manila Electric Company (Meralco), has partnered with the First Cavite Industrial Estate Association Inc. (FCIE) to energize its facilities and enroll the industrial park in the Retail Aggregation Program (RAP).

    Aboitiz Foundation leads typhoon relief efforts across Visayas and Mindanao

    The Aboitiz Foundation, in collaboration with various Aboitiz business units under the OneAboitiz initiative, has launched extensive relief and recovery operations for communities affected by Typhoon Tino across Cebu and other areas in the Visayas and Mindanao.

    Typhoon Tino causes ₱13.26 Million in initial agriculture damage

    Initial damage to the agriculture sector from Typhoon Tino has reached ₱13.26 million, affecting 742 farmers and 552 hectares of farmland, according to a 2 p.m. report Thursday from the Department of Agriculture.

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