Philippine Airlines (PAL) improved its second quarter net income by 48% to $60 million with more passengers sustaining its profitable operations for the 15th consecutive quarter. This brought net profit to $137 million for the first half of 2025, up 12% from last year, while six-month operating income amounted to $146 million. Revenues for the second quarter alone reached $831 …

Transport experts are telling government – a comprehensive and integrated transport plan should incorporate active transportation options like walking and cycling, along with first-mile, last-mile connectivity solutions, to create a seamless and efficient network for commuters. Ira F. Cruz, a transport advocate and director of AltMobility PH, said, “Investment in rail is important, but it is not the sole solution …

For years, many Filipino farmers have been unable to break the cycle of debt and dependency that often accompanies farming. But through SM Foundation’s Kabalikat sa Kabuhayan (KSK) Farming Program, the beneficiaries are now finding ways to generate a reliable income from agriculture. Among those whose lives have changed is Connie Flores, a mother of six and a 2023 graduate …

Filipinos can now invest in government securities using their GCash mobile wallets, thanks to a new platform launched by the Bureau of the Treasury (BTr) in partnership with GCash, PDAX, and Bonds.ph. The platform, called GBonds, allows users to purchase Treasury bills (T-bills) for as low as P500, with no fees for top-ups and withdrawals and standard rates for buying …

The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have joined forces to reinforce the safety and resilience of the country’s key financial market systems. Through a memorandum of understanding (MOU) signed at the BSP office, the two institutions committed to safeguarding interconnected platforms such as the BSP’s Peso real-time gross settlement system (PhilPaSSplus) and the …

BDO Unibank Inc. reaffirmed its support for foreign investors by welcoming members of the Kyoto Employers Association (KEA) during their first official business mission to the Philippines. Held at BDO’s Makati headquarters, the visit was organized in partnership with the Philippine Trade and Investment Center in Osaka. The Japanese delegation, composed of KEA’s next-generation leaders aged 50 and below, represented …

Philippine National Bank (PNB) has once again earned international recognition after being named Best Bank for Investment Research in the Philippines at the Euromoney Private Banking Awards 2025. This marks the bank’s fifth consecutive win in the category since 2021. “This award further underscores our dedication to provide dependable insights to our stakeholders,” said Executive Vice President Francis Albalate, PNB’s …

To aid government workers and retirees affected by Severe Tropical Storm Crising and the intensified southwest monsoon (habagat), the Government Service Insurance System (GSIS) has opened its emergency loan facility in five calamity-declared areas: Quezon City, Cavite, Umingan (Pangasinan), and Calumpit (Bulacan). GSIS Officer-in-Charge Juliet Bautista announced that qualified members and pensioners in these areas may now apply for the …

The Philippine gaming industry earned ₱215 billion in gross revenues during the first half of 2025, reflecting strong growth in integrated resort operations and robust investor interest, the Philippine Amusement and Gaming Corp. (PAGCOR) announced last week. Speaking at the Philippine Hotel Connect 2025 in Pasay City, PAGCOR Chairman and CEO Alejandro Tengco said licensed casinos inside integrated resorts (IRs) …

The Bureau of Internal Revenue (BIR) has extended the deadlines for filing tax returns, paying taxes, and submitting documents in areas battered by tropical cyclones Crising, Dante, and Emong, along with the intensified southwest monsoon or “habagat.” In a statement released Friday, BIR Commissioner Romeo Lumagui Jr. said taxpayers in the affected areas—including Metro Manila, parts of Northern Luzon, Mimaropa, …