Business

The FinTech Alliance Philippines has thrown its full support behind the Bangko Sentral ng Pilipinas’ (BSP) enhanced regulatory framework aimed at promoting the responsible use of digital financial services in licensed online gaming platforms. In a statement, FinTech Alliance founding chair Lito Villanueva acknowledged the growing concerns from the public and various sectors about the potential social risks of online …

The Manila International Container Terminal (MICT), the flagship terminal of International Container Terminal Services, Inc. (ICTSI), recently deployed two fully electric terminal tractors— the first deployment of such equipment in a Philippine port. Christian Lozano, MICT chief executive officer, said the deployment is part of ongoing efforts to adopt more sustainable technologies:  “The testing of electric terminal tractors is another …

Sunshine Place in collaboration with its students (seniors, young adults & children) enrolled in its various art classes is mounting the eighth edition of Coloring Lives. Aptly named Coloring Lives, the annual exhibit is a fund-raising exhibit to benefit residents of a chosen institution. Proceeds of the exhibit will go a long way in making the lives of the beneficiaries …

Several primary care facilities in the provinces of Antique and Cebu received renovation support from BDO Foundation through the recommendation of BDO and BDO Network Bank branches. As part of its long-standing program, the foundation continues its mission to support public health workers and local government units in providing optimal patient care within an environment that is conducive to healing …

SM Malls attract people, but have you ever wondered why? Is it because SM Malls are everywhere? There is one in every city, even two or more in some cases, and at least one in every province, except for a few. But then the competition is also there, in the same vicinity, sometimes just across the street. No, it is …

The producer price index (PPI) for the manufacturing sector saw a quicker annual decline of 0.4 percent in May 2025, accelerating from just a 0.001 percent dip recorded in April. “The faster decline in the annual rate of PPI for the manufacturing section in May 2025 was primarily due to the faster decrement in the annual growth rate of the …

Trade Secretary Cristina Roque on Tuesday expressed gratitude to Century Pacific Food, Inc. (CPFI) for reducing the prices of its canned sardine products by P1. The price rollback, which took effect the same day, covers Ligo and 555 sardine brands. The company said the move was made “to ease the burden on consumers and support them during these times.” Roque …

Nike expects to incur an additional USD1 billion in costs due to tariffs imposed during the Trump administration, prompting the company to accelerate efforts to diversify its supply chain away from China. “These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, during the company’s earnings briefing on Thursday. “With the new tariff rates …

Filipino consumers are entering the third quarter of 2025 with renewed optimism, buoyed by expectations of better job opportunities, higher incomes, and more stable inflation, according to the latest Consumer Expectations Survey (CES) by the Bangko Sentral ng Pilipinas (BSP). While sentiment in the second quarter remained slightly downbeat—with the overall confidence index (CI) slipping from -13 percent in Q1 …

Combined global vehicle sales of eight major Japanese automakers rose slightly by 0.5 percent year-on-year in May, reaching 2.02 million units, according to data released Friday. Toyota Motor Corp. led the growth with a 6.9 percent increase in global sales, driven by strong demand for hybrid vehicles in North America. Rush purchases in the United States also continued amid concerns …