Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025. "We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
Despite an accelerated loan loss provisioning, Alfredo Yao 's Philippine Business Bank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins. In a disclosure to...
The 16th Philippine SME Business Expo (PHILSME 2025) commenced at the SMX Convention Center, Mall of Asia Complex, drawing thousands of entrepreneurs and industry players. The two-day B2B trade show aims to fuel business momentum under the theme "Driving Momentum: Pursuing Ingenuity, Resiliency,...
In the course of chasing the news, it is but natural for a journalist to rub elbows with all classes of people – the rich and famous, government leaders, business tycoons, policy and lawmakers – who make the news. More often, encounters are up close and personal. But on the first of May, I had...
The Anti-Red Tape Authority (ARTA) will file cases to 131 local government units (LGUs) for failing to establish an Electronic Business One-Stop Shop (e-BOSS) that aims to eradicate red tape and corruption in processing of public documents. ARTA Director General Ernesto Perez disclosed that they...
The 16th Philippine SME Business Expo (PHILSME), happening on May 9-10, 2025, at the SMX Convention Center in Pasay City, is poised to be an inspiring two-day business affair. This year’s edition boasts an exceptional lineup of speakers, fresh business activities, and unparalleled networking...
Banker, physicist, coder, professor, financial planner, triathlete, mentor, thought leader – Rizal Commercial Banking Corp. (RCBC) President and CEO Eugene S. Acevedo wears these many hats. His life has been remarkable, though he would readily acknowledge he never walked this path alone. “I...
The influential Makati Business Club (MBC) is calling on the Marcos administration to prepare for the potential impact of tariffs levied by the United States (US) on Philippine goods, warning of the threat they pose to Filipino workers. In its Labor Day message on Thursday, May 1, the group of the...
By EARVIN SALANGSANG Ever wake up to the sound of someone calling out, "Te, pahulugan!"? These are the peddlers who roam our streets, usually in the morning, carrying everything from TV stands and dividers to sofas and sometimes even metal bed frames. I bet you've encountered them – they're a...
Photo from Pasay City Police A woman drug peddler was arrested by members of the Pasay City Police Drug Station Drug Enforcement Unit (SDEU) during a buy-bust operation and confiscated from her P104,040 worth of shabu on April 29. Col. Joselito de Sesto, Pasay City Police chief,...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
The Philippines reported a robust 5.6 percent gross domestic product (GDP) growth in 2024—the highest in the ASEAN region. From 2021 to 2023, the country also allocated the highest national budgets among ASEAN nations (surpassing even Singapore) and tied for second with Malaysia in 2025, just...
