Business News
Global payments giant Visa is deepening its investment in the Philippines’ digital finance ecosystem with the launch of Visa University, a new learning platform designed to equip banking and finance professionals with cutting-edge expertise in payments and emerging financial technologies. The initiative marks Visa’s latest effort to strengthen industry capabilities as digital payments continue to…
Inflation likely remained elevated in May, with the Bangko Sentral ng Pilipinas (BSP) projecting headline inflation to settle within a range of 7.1% to 7.9%, reflecting persistent food price pressures and the continued weakness of the peso. In its latest month-ahead inflation forecast, the BSP said higher prices of key food commodities—including rice, vegetables, and…
STRENGTHENING WORKFORCE DEVELOPMENT. Meralco Power Academy (MPA), MGEN Renewables, and Nueva EcijaUniversity of Science and Technology (NEUST) have signed a tripartite Memorandum of Understanding to advanceworkforce development in the energy sector. Present during the signing ceremony were (L-R) NEUST Head of RecordsManagement Office Christopher Ladignon, NEUST College of Engineering Dean Jeric Aduna, MPA Executive Director…
The Department of Trade and Industry (DTI) is moving to tighten regulation of solar products and installations as the rapid expansion of rooftop solar systems raises concerns over safety, product quality, and unregulated providers entering the market. The DTI conducted a public consultation on a proposed Department Administrative Order (DAO) that would require mandatory certification…
As Filipino families and businesses continue to navigate economic pressures and the ongoing energy crisis, Globe is positioning technology—not just connectivity—as a tool for resilience, empowerment, and opportunity. During its quarterly media briefing The Blueprint held on May 26, 2026 at The Globe Tower, Globe unveiled a suite of digital innovations designed to help Filipinos…
Contributed photo East West Banking Corporation has introduced a new program designed for Filipinos growing their wealth, combining financial services with lifestyle-focused perks and personalized support. Called Horizons Club, the offering targets customers whose banking needs are becoming more sophisticated, from managing daily finances to exploring investment opportunities. The bank said the initiative reflects a…
Financial Stability Coordination Council (FSCC) Chairman and Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (lower photo, third from left) leads the FSCC quarterly meeting on 20 May 2026. With him are (lower photos, from left) Deputy Insurance Commissioner Arturo S. Trinidad II, Treasurer of the Philippines Sharon P. Almanza, Philippine Deposit Insurance…
Allianz PNB Life (AZPNBL) delivered a strong financial performance in 2025, posting more than ₱1 billion in net income and double-digit premium growth as the insurer strengthened its market position and accelerated efforts to future-proof its business. The life insurer reported net income under Philippine Financial Reporting Standards (PFRS) of ₱1.06 billion in 2025, sustaining…
In the wake of an impasse at the World Trade Organization (WTO)’s 14th Ministerial Conference in Yaoundé, Cameroon, Asia-Pacific Economic Cooperation (APEC) ministers have pledged to advance trade integration, strengthen supply chains and accelerate digital and artificial intelligence (AI) -driven transactions amid rising global uncertainties. In a joint statement after the two-day 32nd APEC Ministers Responsible…
For years, the Philippine telecommunications sector has been defined by familiar metrics—network reach, subscriber growth, fiber rollout, and market dominance. But a quieter competition is gaining momentum in 2026, one that matters just as much to shareholders: which telecom company can deliver the stronger long-term return story. The emerging battle pits industry heavyweight PLDT Inc.,…