Alliance Global Group Inc., the conglomerate led by tycoon Andrew Tan, reported a three percent increase in first-half net income to ₱16 billion, supported by compounding property recurring revenues, expanding spirits margins, and a pivot toward non-VIP gaming. In a disclosure to the Philippine...
Philippine financial technology (fintech) firms are backing a Bangko Sentral ng Pilipinas (BSP) proposal that would require banks and nonbanks to move away from accepting multiple forms of identification for account opening and digital onboarding and instead recognize the national ID as the primary...
The Philippines risks overtaxing its fragile power grid unless regulators move swiftly to manage energy demand from the rapidly expanding data center sector, according to an industry group representing energy efficiency market stakeholders. The Philippine Energy Efficiency Alliance (PE2) urged the...
The Alliance of Concerned Teachers (ACT) Philippines on Monday, Aug. 3, criticized the Department of Education’s (DepEd) decision to distribute voice amplifiers while teachers wait for their promised laptops. ACT said the voice amplifiers are merely a stopgap measure that does not address the...
Malacañang assured health workers under the Department of Health (DOH) that the issues concerning the delayed benefits and performance-based bonuses are being addressed by the Marcos administration. Although Palace Press Officer and Communications Undersecretary Claire Castro noted that the delays...
The country’s umbrella group of financial technology (fintech) companies has thrown its support behind a legislative measure pushing the mandatory use of alternative data to democratize finance, as it calls for broader efforts to strengthen financial inclusion. In a statement on Friday, July 31,...
With more banks slashing fees on digital fund transfers, the country’s largest group of financial technology (fintech) companies stressed that these fees remain integral to sustaining the operations of smaller firms and strengthening the security of online payments. Fintech Alliance.ph Chairman...
Victoria Harbour came alive over the weekend of June 27 to 28, 2026, as thousands gathered along the Tsim Sha Tsui Promenade for the 50th edition of the Sun Life Hong Kong International Dragon Boat Races. Part sporting spectacle, part cultural celebration, the annual festival once again...
Asia-Pacific business leaders are demanding stricter artificial intelligence (AI) governance and tighter cross-border policing to counter the surge in sophisticated online scams and cyber fraud across the region. The APEC Business Advisory Council (ABAC), meeting in Bangkok, Thailand, formalized a...
Filipino brands now have an accessible pathway to expand into Southeast Asia without having to navigate each new market on their own through the launch of the Philippine chapter of the Strategic Asia Marketing Alliance (SAMA). SAMA, a regional network of independent marketing agencies, opened its...
The United States has reaffirmed its commitment to the Philippines after China test-launched an unarmed intercontinental-range ballistic missile from a submarine into the southern Pacific Ocean. In a statement on Tuesday, July 7, US Ambassador to the Philippines Lee Lipton said the launch...
Newly appointed United States Ambassador to the Philippines Lee Lipton pledged to elevate the Philippines-United States alliance and bring more American investments, jobs, and assistance to Filipinos as the two countries prepare to mark 80 years of diplomatic relations. Speaking at the “Freedom...
