Economic expansion, measured as the gross domestic product (GDP), is seen accelerating across ASEAN and especially in the Philippines, according to latest forecasts by Fitch Ratings.
Approved building permits in the third quarter declined 18 percent year-on-year to 37,845, with residential buildings still accounting for the bulk of the issued permits, data from the Philippine Statistics Authority showed.
Aboitiz Equity Ventures Inc. said Monday it has entered into a definitive agreement with Coca-Cola Europacific Partners Plc for their joint acquisition of Coca-Cola Beverages Philippines Inc., which values the beverage bottler at USD1.8 billion on a debt-free, cash-free basis.
The Bureau of the Treasury launched Monday the Philippines’ maiden offering of peso-denominated Tokenized Treasury Bonds to raise at least P10 billion from the domestic capital market.
Enterprises across Asia Pacific are rapidly shifting from AI experimentation to production, with 96 percent planning to increase AI investment by an average of 15 percent in 2026, according to the Lenovo CIO Playbook 2026, commissioned by Lenovo with insights from IDC.
Jose Teodoro “TG” Limcaoco is the President and Chief Executive Officer of the Bank of the Philippine Islands (BPI), a role he assumed in April 2021. He leads one of the country’s oldest and largest banks, chairs key management and credit committees, and oversees BPI’s banking, asset management, insurance, and international subsidiaries. Beyond BPI, he serves as Chairman of the Bankers Association of the Philippines and Philippine Payments Management Inc., making him one of the most influential figures in Philippine banking today.
Century Properties Group Inc. said it has received a pre-effective letter from the Securities and Exchange Commission (SEC) favorably considering the company’s shelf registration of debt securities worth up to P12 billion, a key step toward tapping the domestic bond market.
The Department of Trade and Industry has renewed its push for digital inclusion, sealing a fresh partnership with PLDT and Smart Communications to accelerate the digital transformation of Philippine micro, small and medium enterprises.