The Bangko Sentral ng Pilipinas (BSP) is open to the use of cryptocurrencies but cited the need for vigilance since these are not regulated by any central bank, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said.

$1.1 trillion worth of Asia-Pacific financial and nonfinancial corporate debt will mature in the second half of this year through 2022, which is equivalent to about 11 percent of total debts maturing globally, ratings firm Standard and Poor’s (S&P) said in a report.

Three air carriers from mainland China are scheduled to launch within October regular flights directly to Cebu, according to GMR Megawide Cebu Airport Corporation (GMCAC), developer of the Mactan-Cebu International Airport (MCIA).

The Ninoy Aquino International Airport (NAIA) is no longer listed among the world’s worst airports.

Local public utility vehicle (PUV) manufacturers will be provided incentives to increase their competitiveness in keeping with government plans to modernize the transportation sector, a Cabinet official said.

The Department of Transportation (DOTr) is looking for support among various stakeholders for the government’s public utility vehicle modernization program in the aftermath of the recent two-day nationwide jeepney strike.

Toyota Motor Philippines Corp. (TMP) is investing at least P5.2 billion in the government’s CARS (Comprehensive Automotive Resurgence Strategy) program, saying such investment will help advance Philippine manufacturing.

Online Filipino consumers are far more trusting than those others countries in the region when it comes to their activities, according to Kantar TNS’s latest Connected Life research.

The Metrobank Foundation Inc. (MBFI) announced last September 23 the expansion of its art thrust to educating people on cultural heritage.

By Riza Lozada Local startup firms eyes entering new foreign markets in the next three to five years, according to the Philippine Startup Survey of Isla Lipana & Co./PwC Philippines and QBO Innovation Hub.