President Marcos has encouraged the new United States ambassador to the Philippines to bring the relations between the two countries "even closer." Marcos expressed expectations of further deepening the Philippines-United States relations as he formally welcomed US Ambassador-designate Lee Lipton...
Banks’ success has traditionally been measured by how their balance sheets look—net income, loan quality, and dividends paid to shareholders. This is how leading financial institutions are gauged. However, for the state-run Development Bank of the Philippines (DBP), the ledger is evolving. As...
Passing the torch in a family-run enterprise is an intricate dance of preserving legacy while allowing room for disruptive innovation; it is never just about changing signatures on corporate bylaws. In the Philippines, family-controlled empires are the bedrock of the economy, and as a generation of...
The domestic cement industry is taking a major step toward reducing carbon emissions in one of the world’s most carbon-intensive sectors through a long-term strategy aimed at promoting more sustainable operations. In a statement on Tuesday, June 30, the Cement Manufacturers Association of the...
State-run Land Bank of the Philippines (Landbank) has provided an ₱800-million financing facility to Archipelago Renewables Corp. (ARC) to support rural electrification, benefiting more than 7,000 households and over 300 small businesses. Landbank said in a June 30 statement that the loan will...
The Armed Forces of the Philippines (AFP) said on Tuesday, June 30, that it closely monitored a lightning rally staged by members of the Iglesia Ni Cristo (INC) along EDSA in Quezon City even as it reiterated that the military remains a “professional and non-partisan institution” amid calls...
Artificial intelligence is poised to become the defining technology of our generation. Like electricity and the internet before it, AI will transform how we work, learn, govern, and compete. But unlike previous technological shifts, AI has the potential to widen inequality at unprecedented speed....
Department of Finance (DOF) Secretary and Land Bank of the Philippines (Landbank) Chairman Frederick D. Go has praised the move by Ayala-led Bank of the Philippine Islands (BPI) to waive electronic fund transfer fees across its digital channels, describing it as a step toward eliminating banking...
The Armed Forces of the Philippines (AFP) and United States Pacific Command (USPACOM) completed a two-day bilateral maritime exercise near Bajo de Masinloc (Scarborough or Panatag Shoal) in the West Philippine Sea (WPS) despite being shadowed by four Chinese vessels throughout the activity. The...
The new United States Ambassador to the Philippines, Lee Lipton, has arrived in Manila, the US Embassy announced on Sunday, June 28. This marks the start of Lipton 's tour of duty in the country, replacing former US Ambassador MaryKay Carlson. "Mabuhay and welcome back to the Philippines, U.S....
Seeking to boost domestic tourism, the Department of Tourism (DOT) on Friday, June 26, launched the “Discover More to Love” campaign, offering travel discounts through partner airlines, hotels, and other accredited tourism establishments nationwide. DOT Secretary Dita Angara-Mathay said the...
The Senate may hold another pre-trial conference session solely to address the disputed "BIR box" if the impeachment court orders it. In an interview, Senate Secretary and impeachment court clerk Renato Bantug Jr. stressed Friday, June 26, that no such decision has been made and that the July 6...