The latest
Economy
Retail sales seen to hit ₱7.71 trillion as value-seeking consumers drive shift toward essentials
Retail sales this year are projected to reach $123 billion, roughly ₱7.71 trillion at current exchange rate, marking a 1.7 percent growth from $121 billion last year, according to the United States Department of Agriculture's Foreign Agricultural Service in Manila.
Corporate
Filinvest REIT appoints chairman as CEO following colleague’s retirement
Filinvest REIT Corp. (FILRT) has announced a major executive reshuffle, naming current Chairman Joseph M. Yap as its new President and Chief Executive Officer, effective October 15.
Corporate
ICS, PSA integrate nat’l ID into CreditMo for faster, safer credit access
Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have formalized a partnership linking the National ID Authentication Services (NIDAS) to CreditMo, making ICS the first Special Accessing Entity and credit bureau partner successfully integrated with the system. For consumers, verifying identity to access credit information is now one quick step using the National ID, replacing the earlier multi-document process. Checks run directly against the National ID database, cutting fraud risk and protecting personal credit data.
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