Business

The Bangko Sentral ng Pilipinas (BSP) may increase the number of digital banking licenses it plans to issue in 2025, according to Chuchi Fonacier, the BSP’s Deputy Governor for financial supervision. Fonacier explained that while the BSP is open to the possibility of issuing more licenses, any increase would require approval from the Monetary Board (MB). Currently, six digital banks …

Landbank led the roster of government agencies recognized for exemplary service, with 12 of its branches earning top marks in the 2023 Report Card Survey (RCS) 2.0 by the Anti-Red Tape Authority (ARTA). The LANDBANK branches were honored at the ARTA RCS Awards Ceremony at Conrad Manila on 30 October 2024, underscoring the Bank’s collective commitment to providing efficient, high-quality …

Former Pinoy Big Brother (PBB) housemate Bryan “Brx” Ruiz expressed his appreciation for being given the opportunity to share his financial knowledge to fellow Negrenses during the recent BDO mini-fiesta held at the Sipalay City Gymnasium. Tapped to co-host the event, the 32-year-old Ruiz—dubbed as Seamanluluto ng Bacolod during his PBB: Gen11 days—said his experience as a seafarer helped him …

The SM Foundation, in partnership with the Quezon City Schools Division Office, inaugurated the Schools Division Office (SDO) Wellness Center for Teachers & Employees, a facility designed to promote the health and well-being of teachers and staff in the city.  The foundation refurbished the center to create a relaxing atmosphere and provide them with a safe and comfortable space to …

“Writing memoirs & poems made me relook at my learning is life.” Mario Torrento, an entrepreneur from Iloilo who took the Creative Writing class.  “My poem “Letter to the World” serves as a beacon of hope to our readers, young & old, in the face of chaos and confusion” this is from Rudy Fernandez, a banker who was sidelined from …

With sleek, ultra-flat, iconic stylish giant screen Innovative technology brand TECNO today unveiled its new AI-enhanced, second-generation flip smartphone, PHANTOM V Flip2 5G in the Philippines with Pia Wurtzbach as brand ambassador A remarkable fusion of on-trend aesthetic design and powerful technologies, the iconic phone will bring   a fun, fashionable and functional flip phone experience to stylish individuals. Bringing …

The national government posted a P6.3-billion budget surplus in October, as revenue collections exceeded the growth in expenditures. According to the Bureau of the Treasury (BTr), this fiscal surplus marks a significant turnaround from the P34.4-billion deficit recorded in the same month last year. From January to October, the fiscal deficit reduced to P963.9 billion, which is 64.94 percent of …

The Philippine economy is projected to grow between 6 and 6.25 percent in 2025, driven by improved interest rates, increased consumer spending, and stronger government expenditure, according to Michael Gerard Enriquez, president of Sun Life Investment Management and Trust Corporation (SLIMTC). Enriquez shared his outlook in an interview with the Philippine News Agency, noting that better economic conditions and reduced …

Philippine magnate Jaime Augusto Zobel de Ayala, also known as JAZA, was named as one of the world’s exceptional leaders in the inaugural Leaders50 list by Thinkers50, a global ranking body for management thinkers. The Thinkers50 has recognized the Ayala Corp.’s chairman and chief executive officer’s leadership style —decentralization and empowerment— that foster a culture of collaboration and responsibility within …

The Philippine government is committed to integrating competition policy into its broader development framework, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan. During a webinar hosted by the Asian Development Bank (ADB), Balisacan emphasized that ensuring competition policy becomes an integral part of the country’s development strategy would prevent it from operating in isolation. The Philippine Competition …