THE WORLD BANK is committed to extending around $2.75 billion in loans to the Philippines for fiscal year 2026.

CASH REMITTANCES from overseas Filipino workers (OFWs) hit an all-time high of $34.49 billion in 2024, data from the Bangko Sentral ng Pilipinas (BSP) showed.

EAST ZONE concessionaire Manila Water Co., Inc. said it is on track to complete its P7.4-billion Mandaluyong West-San Juan and South Quezon City Sewerage Network Project (MandaWest Sewer Network ...

THE ASEAN Capital Markets Forum (ACMF) is looking to release a five-year roadmap by October this year aimed at improving the region’s capital markets. The roadmap, called the ACMF Action Plan ...

AYALA LAND, Inc. (ALI) said the first phase of its 37.4-hectare Virendo luxury horizontal residential development in Davao is set for turnover by the second quarter of 2029, as the real estate ...

ASIA United Bank Corp. (AUB) saw its consolidated net income increase by 36% year on year to P11.3 billion in 2024, mainly driven by double-digit loan growth. This translated to a return on equity of ...

Fake news generated by artificial intelligence (AI) and spread on social media is heightening the risks of bank runs, according to a new British study that says lenders must improve monitoring to ...

LISTED PROPERTY DEVELOPER D.M. Wenceslao & Associates, Inc. (DMW) announced that it was included in the ATR Asset Management Group’s Philippine Sustainable Development and Growth Fund (ATRAM SDG Fund) ...

COMCLARK NETWORK and Technology Corp. intends to resubmit its unsolicited proposal to take over the management of the country’s air navigation, traffic, and control system, the company’s chief ...

LISTED fiber broadband and technology provider Converge ICT Solutions, Inc. has partnered with St. Luke’s Medical Center (SLMC) to launch an in-room digital concierge to improve patient experience ...

GLOBAL management consulting firm Bain & Co. has named Emmanuel P. “Manny” Maceda as its new chair, bolstering its leadership. Mr. Maceda replaces long-time chair Orit Gadiesh, who has been appointed ...

THE melodic absurdity of Pedro Almodóvar’s films is difficult to imagine as being translatable to English, but I am glad to say that the unique beauty of his style of filmmaking manages to shine ...