Inflation in the Philippines started 2026 firmly within the Bangko Sentral ng Pilipinas’ (BSP) target, keeping the door open for further interest rate cuts, Metropolitan Bank & Trust Co. (Metrobank) said.
The Philippines is partnering with Sweden to modernize its urban bus system, aiming to make public transport safer, more efficient, and commuter-friendly. The Department of Transportation (DOTr) recently signed a grant agreement with Sweden’s development finance institution, Swedfund, to support the initiative.
San Miguel Food and Beverage Corp. has elected former Transportation Secretary and aviation veteran Jaime J. Bautista as its newest independent director, effective February 6. Bautista, 68, will serve the unexpired term of Ferdinand K. Constantino, who resigned as director and treasurer at the end of January.
The Philippine Disaster Resilience Foundation (PDRF) and the Antipolo City Government have formalized a partnership to strengthen the city’s water resilience and disaster preparedness.