Tag: Philippine economy

BDO Pay has been honored as the Best Digital Wallet in the Philippines at The Asian Banker Philippine Awards 2026, earning recognition for simplifying everyday payments and money management for Filipinos.

Following the magnitude 7.7 earthquake off Flores Island, Indonesia, Globe is extending free call, text, and data services to its customers in the country to support emergency communication. The quake caused widespread damage, landslides, power outages, and displacement, with rescue efforts still ongoing.

Overseas cash remittances hit a mid-year peak in June 2026, climbing to US$3.04 billion. Marking the highest monthly cash inflow recorded throughout the first half of the year, the performance underscored the robust foreign exchange earnings sent home through the formal banking networks. Seasonally adjusted personal remittances, encompassing both formal bank transfers and informal channels as well as in-kind support, mirrored this upward trajectory over the same period.

DoubleDragon Corp.’s core net income surged to P2.41 billion in the first six months of 2026, up from P920 million as the property company’s growing portfolio began delivering a much stronger contribution from recurring and operating businesses.