Economy

State-owned Development Bank of the Philippines (DBP) has extended a P1.4-billion loan to a top renewable energy firm as partial funding to construct a 8.4-megawatt hydroelectric power plant in Bukidnon in line with the National Government’s efforts to ex...

PLDT’s Home’s fiber-only service revenues continue to soar high as it grew by 10 percent or P3.6 billion to an all-time high of P39.3 billion in the first nine months of 2023, the company’s top executives announced recently.

Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman announced that a sum of P19.97 billion has been earmarked for the Protective Services for Individuals and Families in Difficult Circumstances (PSIFDC) program, an initiative put for...

Continuing its mission to provide seamless financial services to Filipinos nationwide, GCash, the country’s number one finance super app, has entered into a partnership with M Lhullier, the largest non-bank financial services network in the Philippines, b...

The Philippine Deposit Insurance Corporation (PDIC) announced that depositors of them closed Rural Bank of Karomatan (Lanao del Norte), Inc. have until November 13, 2023 to file their deposit insurance claims.

As concrete proof of its service quality and commitment, Globe has achieved recognition as the Most Consistent Fixed Broadband Provider in 33 towns and cities and two provinces nationwide for the third quarter of the year based on analysis by Ookla® of Sp...

Pag-IBIG Fund members collectively saved P66.73 billion during the first nine months of 2023, up by P6.3 billion or 10% year-on-year, as more members contributed more than the required Pag-IBIG monthly savings, agency officials announced Monday (23 Oct).

The Office of the Ombudsman has tapped leading finance super app GCash, as a cashless payment partner, enabling it to accept fees for its legal services through GCash Scan-To-Pay QR in all its offices.

New in-app feature ‘Send Money Protect’ powered by global insurer Chubb via GInsure New in-app feature ‘Send Money Protect’ powered by global insurer Chubb via GInsure Digital money transfers are now an integral part of our daily transactions. Howeve...

As the Philippines celebrates its ascent in the Global Innovation Index (GII) 2023, the Globe Group stands at the forefront of this transformative journey, championing market-first digital solutions across various sectors.

DAVAO CITY (PIA) – San Miguel Corporation president and Chief Executive Officer Ramon S. Ang affirmed his company’s commitment to support the food security goal of President Ferdinand R. Marcos Jr.’s administration during the inauguration of the world-cla...

Globe continues to strengthen its commitment to adapt to the impacts of climate change such as more violent typhoons, releasing an enhanced Business Continuity Management (BCM) policy to ensure dependable connectivity even during disasters and other catas...

From clothes and appliances to groceries and utilities, almost anything can be bought online nowadays — and many Filipinos are doing just that. In line with its commitment to uphold safety and security across its operations, the Philippines’ #1 finance s...

The Philippines’ leading finance super app, GCash, teams up with global payments leader Visa to introduce the new GCash Card – giving millions of unbanked Filipinos access to the benefits of owning a payment card.

The International Monetary Fund (IMF) commended the Philippine Economic Team for the country’s economic performance in its report following the conclusion of the IMF Staff 2023 Article IV Mission to the Philippines yesterday, October 3, 2023.

Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend.