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    New IFC regional chief calls for greater private investments in Asia-Pacific

    The International Finance Corp. (IFC), the private investment arm of the World Bank, has appointed Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. 
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    Gov’t earmarks P151B for social protection programs

    The government has allotted more than P151 billion to sustain the major social protection service programs of the Department of Social Welfare and Development (DSWD).

    Bank lending expansion slows to 13.4% in December as high rates bite

    The growth in loans disbursed by big banks slowed to 13.4 percent in December from the revised 13.9 percent in November amid the series...
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    BSP forecasts inflation settling within 7.5-8.3% in January

    The Bangko Sentral ng Pilipinas (BSP) sees inflation remaining elevated between 7.5 and 8.3 percent this month, well above the two to four percent target, after hitting a 14-year high of 8.1 percent in December.

    Electronic fund transfers stood a shade under P10 trillion in 2022

    Electronic fund transfers via the PESONet and InstaPay nearly touched P10 trillion last year, jumping by 37.3 percent to hit P9.94 trillion from P7.24 trillion in 2021.

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    PH backs BBNJ Treaty ratification drive

    The Philippines is intensifying efforts to ratify the High Seas Treaty, officially known as the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ), with the Department of Agriculture backing the Department of Foreign Affairs' campaign for Senate concurrence.

    PBBM marks birthday with nationwide P20 rice

    In celebration of the 68th birthday of President Ferdinand Marcos Jr. today, the government is rolling out a special, one-day offering of P20 per kilo rice through his flagship food security initiative, “Benteng Bigas, Meron Na!” (BBM Na!), potentially benefitting more than 350,00 Filipinos.

    MWIS installs innovative sewage treatment systems in aviation and QSR sectors

    Manila Water Infratech Solutions (MWIS), a non-East Zone unit of Manila Water, has successfully deployed its iTECH Packaged Sewage Treatment Plant (STP) in two major sectors: quick-service restaurants (QSRs) and aviation.

    Employee-centric strategy earns lender top HR honors

    Security Bank has received multiple accolades for its employee-first approach and successful HR transformation initiatives.

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