The Philippines’ foreign currency stash dipped slightly in July — but the Bangko Sentral ng Pilipinas (BSP) assures it remains more than enough to shield the country from external economic shocks. Data released Thursday showed the country’s gross international reserves (GIR) stood at USD105.7 billion last month, a marginal decrease from the USD106 billion recorded at the end of June. …

Philippine National Bank (PSE: PNB) has teamed up with Japan’s Digital Wallet Corporation (DWC) — the brains behind the popular Smiles mobile remittance platform — to strengthen its international money transfer services for Filipinos worldwide. The strategic partnership, formalized on July 3, 2025, aims to make remittances faster, more affordable, and more accessible, especially for overseas Filipinos in Japan. “At …

In a move that advances inclusive education and social responsibility, LANDBANK and the University of the Philippines (UP) signed a Memorandum of Understanding (MOU) on August 1, 2025, to roll out employee-funded scholarships, faculty development grants, and digital banking services across UP campuses. At the heart of the partnership is LANDBANK’s support for UP’s LINGAP-ISKOLAR Program, which will provide scholarships …

Move It made a landmark move in becoming the first motorcycle taxi platform in the Philippines to subsidize Pag-IBIG Monthly Savings for top-performing riders and strengthened its commitment to provide viable livelihoods and social protection for its rider-partners The program covers high-achieving riders in Metro Manila, Cebu, and Cagayan de Oro, identified through strict metrics on service quality, safety performance, …

The Gateway Motor Group is now the new operator of the Honda Cars Alabang, making it the sixth Honda dealerships under its wing. With a new principal, Gateway reiterates that it will start to incorporate its best customer experience practices which make new Honda vehicle ownership and maintenance as hassle-free as possible. Gateway is also the principal of Honda Cars …

Xpress Superapp, one of the Philippines’ fastest-growing mobility platforms, is having a big driver recruitment operation in line with the company’s commitment to deliver reliable transportation solutions while providing stable livelihood opportunities for thousands of Filipino drivers. The initial salvo will be held from Aug. 15-20 at its newly-built Xpress Paranaque Hub with over 1,500 slots open to all professional …

The Chery Auto Philippines’ Mid-Year Dealer Conference, which served as a strategic touchpoint between Chery Auto Philippines and its dealer partners all over the country, was held recently. The event also reaffirmed Chery’s commitment to growth, innovation, and customer satisfaction as it gears towards an exciting second half of 2025 in which the brand’s plans to further accelerate momentum in …

A number of Tesla Destination Chargers were set up recently to service the growing number of Tesla units that are registered and actively operating in the country. As part of its ongoing mission to make the process of driving and charging a Tesla as seamless as possible, the company has recently integrated new charging stations into its already expanding network. …

The recent signing of the AFASA Law, better known as Republic Act No. 12010 or the Anti-Financial Account Scamming Act is expected to be one major deterrents against the rising cyber threats and financial fraud. This was emphasized during last week’s 2025 BPI CyberProtect Conference that was attended by hundreds of personalities from government agencies and private organizations at the …

GWM Philippines is holding on its promise not to make an increase in its newest offering in town – the new GWM Cannon — with an all-in low-down payment starting at just ₱58,000 and is available until the end of the month. GWM recently announced that pricing for the new Cannon will remain unchanged until further notice. It’s a standout …