The government is preparing the terms of reference for the plan to bid out to the private sector the operations of the Ninoy Aquino International Airport, the main gateway to the Philippines.
The Philippines has chronically underspent for public infrastructures like roads and railways for decades and the hope is for state spending to ramp up under incumbent President Ferdinand R. Marcos Jr., experts told the Manila-based Asian Development (ADB).
It will be a year of controversy. Under-the-table deals and other hanky-panky will be revealed. Partners (personal, business, political, etc.) will be biting each other in the back. Secrets will be exposed. Syphoning off of funds will be uncovered. State witnesses will abound, not just in the Philippines, but worldwide.
From January 23 to 27 the economic managers will again engage business leaders, bankers and investors from Frankfurt, Germany ,and London, United Kingdom, which are known as centers of trade and finance.
The policy making Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) on Friday allowed the maximum interest on credit card transactions to rise a full percentage point to 3 percent a month from only 2 percent.
The Bank of the Philippine Islands (BPI) mourns the passing of Mr. Xavier P. Loinaz, former president and CEO, whose visionary leadership helped shape not only the institution but the Philippine banking industry at large. He passed away in 2025, leaving behind a profound legacy of innovation, integrity, and service.
The Securities and Exchange Commission (SEC) will broaden the definition of income-generating assets eligible for Real Estate Investment Trust (REIT) classification to encourage more property listings.
St. Luke’s Medical Center Inc. has postponed the opening of its third hospital in ASEANA, Paranaque, to 2031—two years later than the originally planned 2029 target.
China Bank Savings (CBS), the retail arm of China Bank Savings Corp., is providing a P11 million sponsorship for the National Teachers Month and National Teachers’ Day 2025 celebration held on October 6.