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.
International passenger traffic at Manila’s Ninoy Aquino International Airport (NAIA) rose 2.6 percent year-on-year to 19.93 million from Jan. 1 to Oct. 22, 2026, as demand held firm despite disruptions to global aviation from the Middle East conflict.
The Department of Agriculture (DA) is preparing to roll out a P2.9-billion fund intended to help agricultural cooperatives expand production and improve their competitiveness, with the agency initially targeting about 12 applicants.
Bloomberry Resorts Corp. is stepping up its push into the Philippines’ expanding digital gaming market, rolling out a P30-million year-end promotional campaign for its online gaming platform, FUNaloMAX, as operators compete to attract and retain players.
Around 100 local and international companies have expressed strong interest in taking part in the proposed P103.6-billion concession for the Metro Rail Transit Line 3 (MRT-3), highlighting growing confidence from both foreign and domestic investors in upgrading the country’s main urban railway network.