Thursday, 11 September 2025, 7:44 am

    Tag: Editors' Picks

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    Bank lending still growing but at slower pace in August

    Bank lending continued to expand in August but at a slower rate of 7.2 percent, significantly less than lending growth averaging 7.7 percent in July, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday, citing preliminary data.

    Meta floats $14 a month ad-free plan for Instagram, Facebook in EU – WSJ

    Meta Platforms is exploring a plan that could make users in the European Union shell out as much as $14 to access ad-free versions of Instagram or Facebook or agree to personalized ads for the free versions, the Wall Street Journal reported on Monday.

    Government debt widens by P931B to P14.35T at end-Aug

    The government on Tuesday reported total outstanding debt rising P930.72 billion in August to P14.35 trillion from its level at the end of 2022...

    DA lists factors favoring lifting of rice price cap

    An interagency committee has laid the predicate—declining prices and increasing supply--for President Ferdinand Marcos Jr. to lift the price cap on rice he implemented last month to curb inflation and buy time to go after grain smuggler and hoarders.

    ESG bonuses are on the rise: Are they improving sustainability or just increasing executive wealth?

    An increasing number of companies are paying bonuses to executives in the pursuit of sustainability. Driven by an ever-growing focus on global issues, more than three-quarters of large, publicly traded companies in Europe and North America now use environmental, social and corporate governance (ESG) metrics when determining executive bonuses.

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    Travellers to inject up to $450M more Into Westside City Project

    Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.

    SEC opens fast-track registration to foreign firms

    The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.

    Meralco rate down in September on lower generation costs

    The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.

    New water system unveiled in Basilan

    The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.

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