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Foreign direct investments fall 31 percent in March

The Philippines continued to generate lackluster interest from long-haul foreign investors that in March this year chose to invest even fewer funds than they...

Manila sovereign standing rated weak under latest S&P readings

On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...

World Bank lifts PH growth outlook to 6%

The Philippine economy is seen to expand faster than expected this year, driven by the resilience of domestic demand amid high inflation, according to...

Groups clash over fishing vessel monitoring measures

Fishery stakeholders stand firm against the mandate for commercial fishing vessels to install tracking systems so that their fishing activities are effectively monitored by...

BSP cuts the banks’ deposit reserves

Beginning June 30 this year, the various banks and financial institutions will observe substantially lower reserves on their deposit holdings, according to the Bangko...

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PFI Group surpasses ₱100 billion in total claims paid

Philippines First Insurance Group (PFI Group), a leading insurance and healthcare conglomerate, has paid out over ₱100 billion in claims, serving as a critical financial safety net for more than 4.5 million policyholders. Reaching this milestone coincides with the 120th anniversary of its core brand, PhilFirst, and highlights the group’s long-standing role in the national economy alongside its subsidiaries PhilLife, PhilCare, and PhilPlans.

PAL names new independent directors to boost growth strategy

The Philippine Airlines (PAL) announced on Tuesday the appointment of corporate leader Edgar O. Chua and seasoned aviation executive Datuk Captain Izham Ismail as independent directors, effective June 1, 2026.

Smart bets on personalized plans and 5G to counter slowdown

PLDT Inc. said Tuesday its wireless unit, Smart Communications Inc., will rely on tailored data solutions and faster 5G adoption to drive growth amid a broader industry slowdown. Moving away from standard packages, Smart now uses advanced analytics to create customized plans matched to each user’s needs and budget. Smart co-OIC Lloyd Manaloto noted this approach lets them deliver the right service at the right time, while PLDT COO Menardo G. Jimenez highlighted how targeted offers help counter slower growth.

NKC PH taps First Gen for 1.84-MWp rooftop solar project in Cebu

NKC Manufacturing Philippines Corporation, a local unit of Japan’s Nakanishi Metal Works Group, has partnered with First Gen Group to build and run a rooftop solar power plant at its factory inside the Mactan Economic Zone.

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