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.
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).
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 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.
Grab Philippines has launched the country’s first fully electric, on-demand taxi fleet, signaling a major milestone in the nation’s transition toward sustainable urban mobility.
Electricity rates for June 2025 remain uncertain, according to the Manila Electric Co. (Meralco), citing mixed trends in key cost drivers such as transmission charges and generation costs.
Southlinks Estate, a 34-hectare residential development at the border of Muntinlupa and Las Piñas, is fast emerging as the next upscale enclave in South Metro—drawing comparisons to Alabang Village, and even Makati’s exclusive neighborhoods like Forbes Park and Dasmariñas Village.
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.