Tuesday , 6 October 2026

Business

PHILGUARANTEE, Sterling Bank sign housing retail guarantee deal

Philippine Guarantee Corporation and Sterling Bank of Asia have signed a ₱5-billion housing retail guarantee facility to widen access to home financing for Filipino families. The agreement was inked on March 17 at the Sterling Bank of Asia Head Office in San Juan City by PHILGUARANTEE President and CEO Alberto Pascual and SVP Teresito Cayo Butardo, joined by Sterling Bank …

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BDO, 2GO partner to ease Kabayan connections

BDO Unibank has renewed its partnership with 2GO to make shipping and travel more affordable and convenient for overseas Filipinos and their families. Through the collaboration, BDO Kabayan Savings accountholders can access exclusive discounts on 2GO’s shipping and travel services, reflecting a shared commitment to “Alagang Kabayan”—care for Filipinos abroad. “At BDO, we’ve always believed in finding ways to make …

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LANDBANK, LMP ink accord to boost municipal development

LANDBANK has formalized a partnership with the League of Municipalities of the Philippines to enhance access to development financing and technical support across 1,486 municipalities nationwide. The collaboration, cemented through a Memorandum of Agreement during the LMP 1st General Assembly on March 9 in Pasay City, was signed by LANDBANK Executive Vice President Charlotte I. Conde and LMP National President …

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Where Ink Meets Innovation

UPMG celebrates the power and evolution of print at the Print Summit & HeADliners Awards 2025 on March 24, 2026, at the Glass Pavilion, Dusit Thani Manila. Dive into inspiring talks, dynamic panels, and cap the day with the HeADliners Awards, honoring the top agencies and advertisers keeping print alive in a multimedia world. #UPMGPrintSummit#HeADlinersAwards2025

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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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