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Maya’s strength is the bank, not its wallet – MVP

Digital bank and e-wallet platform Maya is unlikely to undertake an initial public offering (IPO) in the next two years, according to the man...

January-May tourist arrivals increase 14% to 2.56 million

Tourist arrivals in the Philippines surged by 14 percent year-on-year in the first five months of this year, reaching 2.56 million, despite a double-digit decline in the arrivals of Filipinos living overseas, based on data from the Department of Tourism.

NFA has enough palay to support four days of consumption

The National Food Authority (NFA) has purchased 3.32 million 50-kilo bags of palay as of 5 June this year of which over 3.17 million bags were purchased from rice farmers the past six weeks.

Fitch maintains sovereign’s credit status as investment-grade

Fitch Ratings has kept the country's standing as an investment grade issuer or one whose sovereign debt is rated a triple B or BBB, the Bangko Sentral ng Pilipinas said.

MB member Anita Linda Aquino resigns

Monetary board member Anita Linda Aquino, just under four years as member of the policy-making body of the Bangko Sentral ng Pilipinas, has resigned in the wake of a scandal involving ghost central bank employees.

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Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

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