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 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.
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.
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.
TE Connectivity Manufacturing Philippines, Inc. is doubling down on the country, committing P4 billion to expand its Batangas operations and signal a long-term bet on the Philippines as a high-tech production and innovation hub.
Dutch financial services giant ING is continuing to advance its €1.1 billion share buyback program while at the same time deepening its commercial engagement in the Philippines, reflecting a balance between returning capital to shareholders and pursuing growth opportunities in key Asian markets.
A delegation of senior Japanese lawmakers from the ruling Liberal Democratic Party visited the Philippines from January 6 to 7 to strengthen bilateral cooperation on security and economic issues.
Artificial intelligence (AI) is here and is already transforming how businesses in the Philippines operate. Across industries such as manufacturing, finance, marketing, and education, AI is enhancing efficiency, enabling smarter decision-making, and unlocking insights from data like never before.