Xurpas Inc., a Philippine-listed technology company that specializes in making digital products and services for mobile-end users, said its board on Friday approved the establishment of a wholly owned subsidiary that will market its products and services in Australia.
Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.
The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.