Business

Manila Water Philippine Ventures (MWPV), the Non-East Zone subsidiary of Manila Water Company, proudly marks its 10th anniversary, celebrating a decade of purposeful growth, service excellence, and innovation in sustainable water solutions across the Philippines. Over the past 10 years, MWPV has emerged as a key driver of Manila Water’s goal of bringing its brand of service to key locations …

The Bangko Sentral ng Pilipinas (BSP) has received reports that an entity named “UNA Financing Corporation” is fraudulently using the BSP’s name and logo, and the names of BSP employees and officers.  The scheme involves collecting fees and personal information, purportedly to secure the BSP’s clearance for the loan releases sought by individuals. The BSP clarifies that it is not …

It might as well be called Better Philippines the way the dredging operation is improving the environment, the economy, and, of course, the lives of people. Better Rivers PH, a brainchild of Ramon S. Ang, San Miguel CEO and chairman, is working quietly to rehabilitate rivers and creeks in Metro Manila and in the provinces of Bulacan, Pampanga, and Laguna. …

Asialink Finance Corporation, long known for supporting small and medium enterprises (SMEs), has expanded into real estate lending, offering fast processing times and competitive interest rates for individuals and businesses. In a statement last week, the company introduced three real estate loan options: Sangla Titulo, take-out of housing units, and property acquisition. Under Sangla Titulo, borrowers can take out loans …

The Philippine Amusement and Gaming Corporation (PAGCOR) posted strong gains in the first quarter of 2025, with total revenues reaching P28.07 billion—an 11.2% increase from P25.24 billion in the same period last year. Driving this surge was PAGCOR’s core gaming operations, which contributed P25.52 billion. The Electronic Games and E-Bingo segment emerged as the top earner, generating P14.32 billion or …

President Ferdinand R. Marcos Jr.’s directive to reduce interest rates on calamity loans issued by the Social Security System (SSS) is part of a broader effort to ease the financial strain on Filipinos and contribute to poverty alleviation, Malacañang said Friday. Presidential Communications Undersecretary and Palace Press Officer Claire Castro said during a media briefing that the measure, set to …

The Philippine manufacturing sector rebounded strongly in April as new orders and output rose, according to S&P Global. In its latest report released Friday, S&P Global said the country’s manufacturing purchasing managers index (PMI) climbed to 53 in April, indicating an improvement in business conditions.  This marked a turnaround from March’s reading of 49.4, which had signaled a slight contraction. …

Inflation likely dropped to 1.6% in April, continuing its downward trend from 1.8% in March, driven largely by cheaper food items, according to an economist. Rizal Commercial Banking Corporation chief economist Michael Ricafort said last week that several recent policy moves and market conditions helped temper price increases. “The initial implementation of the maximum suggested retail price of imported rice …

Enstack, a leading no-code eCommerce and growth platform for SMEs in the Philippines and Southeast Asia, has joined forces with Dyna.Ai to roll out highly localized AI-powered solutions aimed at simplifying and scaling business operations for entrepreneurs across the region. With Southeast Asia’s digital economy rapidly expanding, the role of AI in driving business growth is becoming increasingly evident.  According …

Fitch Ratings’ decision to maintain the Philippines’ “BBB” credit rating with a stable outlook reflects global investor confidence in President Ferdinand R. Marcos Jr.’s economic management, according to the Department of Finance (DOF). In a Palace briefing on Friday, DOF Assistant Secretary Neil Cabiles said that ordinary Filipinos stand to benefit from Fitch’s latest credit review, which reinforces the country’s …