Rizal Commercial Banking Corp. (RCBC), the country’s 6th largest lender by assets, has rolled out enhanced features for its RCBC Pay Portal, further strengthening its digital payment solutions for corporate clients, MSMEs, and SMEs.
The Department of Trade and Industry (DTI) is betting big on fintech to unlock long-standing credit bottlenecks for micro, small, and medium enterprises (MSMEs), welcoming a P1.75-billion digital credit facility as a potential game changer for grassroots businesses.
The newly installed head of the Philippine Chamber of Commerce and Industry (PCCI) is placing digitalization at the core of his agenda, arguing that stronger connectivity and smarter systems could unlock growth for millions of small businesses—and improve the country’s overall investment appeal.
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.