The Philippines achieved its long-standing goal of attaining upper-middle-income-country (UMIC) status with a record-high gross national income (GNI) per capita in 2025, even as neighboring Vietnam made a bigger stride toward the same World Bank classification. The World Bank announced on Wednesday...
Casino operator Hann Philippines Inc. (HPI) has secured government incentives for its flagship Hann Reserve project, backed by an initial investment of at least ₱10 billion, according to the Philippine Economic Zone Authority (PEZA). In a statement on Wednesday, July 1, PEZA said it signed a...
The beauty world never stays still, and neither does our hair. While 2026 has already delivered its fair share of viral cuts, bold colors, and nostalgic revivals, the second half of the year is shaping up to be just as exciting. From softer, face-framing layers to statement shades inspired by...
Samsung Electro-Mechanics Philippines Corp. (SEMPHIL) formally launched its APEX (Accelerating Partnerships Towards Excellence) Academe Partnership Program, bringing together leading universities, technical institutions, and government stakeholders in a unified effort to help prepare the next...
Zobel-led Bank of the Philippine Islands (BPI) is executing a major expansion of its retail footprint by leveraging a network of more than 7,000 partner storefronts nationwide, bypassing the traditional costs associated with building physical branches and deploying automated teller machines. In a...
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...
Music Travel Love wrapped up its three-city Philippine tour with a sold-out show at the New Frontier Theater on June 28, capping off a weekend that felt less like a nostalgia trip and more like proof that some songs simply refuse to age. The crowd wasn 't there to chase the next viral hit....
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...
Belgian Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation Maxime Prévot is visiting the Philippines to further strengthen the longstanding partnership between the two countries. In a statement issued on Tuesday, June 30, the Department of Foreign...
