Recent Posts

Prestone reminds to get ready for summer

This summer, Prestone reminds motorists that the best road trips happen when everything is compatible — from your barkada dynamics to your vehicle’s readiness for the long drive. Before heading out for a long summer drive, motorists should also make sure their vehicle is ready for the journey ahead. A quick preventive maintenance check can go a long way to …

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VinFast extends free charging

VinFast electric vehicle owners in India, Indonesia, and in the Philippines will receive free charging at the V-Green-developed-and-operated charging network for the next three years up to 2029. The program will be extended broadly to all customers, including both existing owners and future buyers, covering private customers as well as those using their vehicles for transportation services, including drivers operating …

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PHL households, firms brace for hard times

The war in West Asia has just entered its 3rd week with no signs of abatement. The conflict has been punishing all Filipinos—rich, poor and the middle class—from the wealthy government officials, businessmen, traders, professionals, to the masses of farmers, fisherfolk and ordinary workers. Nothing has prepared the Ferdinand Marcos Jr. government and the local business community for this economic …

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PBBM, IMF chief tackle economic reforms

ONGOING REFORMS. President Ferdinand R. Marcos Jr. meets with International Monetary Fund managing director Kristalina Georgieva at Malacañan Palace in Manila on Thursday (March 12, 2026). During the meeting, Marcos and Georgieva discussed reforms aimed at sustaining the Philippines’ economic growth trajectory. (Photo from PBBM Facebook) The Philippines remains committed to pursuing reforms and sound economic policies to ensure stability …

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Unemployment up 5.8% in January

More Filipinos of working age were jobless last January, authorities have confirmed. In a press conference Friday, Deputy National Statistician Divina Gracia del Prado said the unemployment rate stood at 5.8 percent in January, up from 4.4 percent in December 2025 and 4.3 percent in January last year. In numerical terms, this means  the number of jobless Filipinos increased to …

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Finance chief, IMF exec discuss ASEAN agenda

Finance Secretary Frederick Go met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva last week to discuss how the Philippines can advance its agenda of strengthening regional economic integration within the Association of Southeast Asian Nations (ASEAN). In a statement on Thursday, the Department of Finance (DOF) said Go outlined government initiatives aimed at supporting private sector growth by …

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FDI inflows rise in December

Foreign direct investments (FDI) posted net inflows of USD560 million in December 2025, higher than the USD427 million recorded in the same month a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP). The BSP said Japan emerged as the largest source of investments during the month, with most inflows directed to financial and insurance activities. …

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HSBC Philippines eyes retail expansion

HSBC Philippines remains optimistic about expanding its retail banking operations in the country despite uncertainties arising from the ongoing crisis in the Middle East. Speaking at a briefing in Makati City last week, Pramoth Rajendran, head of international wealth and premier banking at HSBC Philippines, said the bank aims to double its customer base within the next three to five …

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PNB expands information security certification

Philippine National Bank (PSE: PNB) has passed its surveillance audit for the ISO/IEC 27001:2022 information security certification while expanding the scope of the standard across more of its operations, reinforcing the bank’s commitment to safeguarding customer and business data. The certification audit was conducted by the British Standards Institution (BSI) and now includes additional business units, reflecting the bank’s continuing …

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Metrobank launches online UITF account opening

Metrobank is making investing more accessible by allowing clients to open and manage Unit Investment Trust Fund (UITF) accounts entirely online through its Metrobank Online platform. With the UITF Online feature, investors can subscribe, redeem, and monitor their funds anytime, anywhere, all managed by Metrobank’s multi-awarded team of fund managers. The platform caters to both new investors and those seeking …

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