British financial technology (fintech) giant Revolut is set to enter the Philippine market by establishing its second Global Tech Hub in Asia, as part of its goal to reach 100 million customers worldwide. In a statement released on Wednesday, July 30, the Department of Finance (DOF) said the entry...
Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
As more rains from the enhanced southwest monsoon, or “habagat,” are expected to drench several parts of the Philippines, the chief of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said these persistent downpours may be linked to climate change, which...
S&P Global reported that credit growth across emerging markets (EMs) in Asia has generally softened in the first six months of the year, except in the Philippines and Vietnam, where lending has notably picked up pace. According to debt watcher S&P Global, loans from major banks, including universal...
The country’s biggest youth gathering returns as the Global Youth Summit 2025 is set to inspire and energize thousands of young leaders and changemakers at the SM Mall of Asia Arena this July 28, headlined by none other than multi-awarded broadcast journalist Jessica Soho. With a legacy built on...
La Victoria Global Residences, Megaworld’s newest residential development at Mactan Newtown, rises not just as a 20-story tower in Cebu but as a visual and cultural homage to a moment in Philippine history that changed the world. The property pays tribute to the Galleon Victoria, the first ship...
A foreign-published article that falsely ranked the Philippines among the world’s most dangerous countries for travelers has raised concern from the Department of Tourism (DOT) over its potential effect on recovery efforts and the welfare of Filipino workers. DOT Secretary Christina...
Despite the vulnerability of Filipino households to socioeconomic shocks and natural disasters, their access to financial services remains a laggard compared to the Philippines’ regional and income-level peers, the 2025 Global Findex Database of the World Bank showed. According to the World...
Tycoon Lucio Co’s The Keepers Holdings Inc. (Keepers), the largest imported liquor distributor in the Philippines, is venturing into the production and export of premium local spirits through the acquisition of a 50-percent stake in the maker of Sula liqueur for ₱40 million. In a disclosure to...
Philippine Higher Education Institutions (HEIs) are emerging as global frontrunners, with the Commission on Higher Education (CHED) proudly unveiling the universities from their respective areas that have earned spots in the esteemed 2025 World University Rankings for Innovation (WURI). On their...
Malacañang said the Philippines being among the top 10 most peaceful countries in Southeast Asia inspires the Marcos administration to do better in maintaining peace and order in the country. Palace Press Officer and Communications Undersecretary Claire Castro said on Thursday, July 10, that the...
Expectations of as much as 100 basis points (bps) in interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) next year would put more pressure on domestic banks’ margins, according to debt watcher S&P Global Ratings. In a recent report, S&P Global forecast the BSP policy rate to drop further...
