The government is looking to accelerate the country's electric vehicle (EV) industry with a new incentive program that it says will attract global manufacturers, strengthen local production and create quality jobs.
Metropolitan Bank & Trust Co., or Metrobank, reported a steady net income of P24.9 billion for the first half of 2026, delivering stable earnings even as the broader business environment remained difficult for the banking sector.
The engine powering the nation's money supply in June slowed its pace as both corporate and individual borrowers took a step back. Growth in loans from universal and commercial banks eased to 9.8 percent year-on-year, down from a faster 12.1 percent sprint in May.
Enterprise software provider HashMicro has launched an artificial intelligence (AI) operating system in the Philippines, betting that businesses are ready to move beyond experimenting with AI and begin embedding it into core operations.