The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.
RCBC Wealth Management Group is intensifying its push into the country’s fast-growing next-generation wealth market after being named Best Private Bank for Next Generation Clients at the 2026 Euromoney Private Banking Awards, reflecting a broader industry shift toward younger, digitally driven investors expected to reshape Philippine private banking.
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, is deepening its push into digital inclusion by allowing users of its DiskarTech app to directly apply for the MySSS Mastercard Debit Card, streamlining access to both banking services and government benefits in one platform.
Rizal Commercial Banking Corp., the country’s sixth-largest lender by assets, opened 2026 with stronger earnings, posting an unaudited net profit of P2.7 billion for the first quarter, up 12 percent from a year earlier, as loan growth and lower funding costs lifted core income.
The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).
The Philippine Amusement and Gaming Corp. (PAGCOR) is strengthening player protection measures, including a 24/7 problem gambling helpline, as gaming becomes an increasingly important part of the country’s leisure and tourism industry.
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has gained support from the Scrap Collectors and Recyclers Association of the Philippines, Inc. (SCRAP) for its anti-
pilferage campaign, as the industry group expressed intent to help prevent stolen utility materials
from entering the scrap market.
As European consumers prioritize space-saving, energy-efficient and easy-to-use home products amid changing lifestyles, LG Electronics is showcasing seven advanced appliances at IFA 2026. The lineup demonstrates how AI, smart energy use and space-conscious design address key purchasing needs for modern, often limited living areas.
Maya, the country’s leading digital financial services platform, has been recognized at the 2026 HR Excellence Awards Philippines for the third consecutive year, securing a Silver Award for Excellence in Performance Management Evolution and a Bronze Award for Excellence in HR Technology Use. Competing among 64 firms at the Grand Hyatt Manila ceremony, Maya also reached finalist status in five additional categories: Employee Engagement, Employer Branding, Leadership Development, Talent Acquisition, and Talent Management.