The Philippines has long languished behind its Southeast Asian neighbors in attracting foreign investments. Many factors have been cited for this including the state of our infrastructure and the relatively high costs of pow-er across the archipelago. But the one fundamental thing that lies underneath

BANK of the Philippine Islands (BPI) is bullish on continued growth in its profit and loans this year, supported by resilient consumer spending despite elevated rates and economic risks.“What we see… is that the consumer market remains fairly resilient. There’s a lot of confidence. We’re

VIACHESLAV BUBLYK-UNSPLASHOn April 11, the Monetary Board approved further amendments to the Manual of Regulations on Foreign Exchange Transactions (the FX Manual) in line with the Bangko Sentral ng Pilipinas’ (BSP) commitment to further facilitate access to foreign exchange (FX) resources of authorized agent banks

THE PHILIPPINE digital banking sector has received more than $700 million from local and foreign investors, resulting in a significant growth in depositors, an industry group said.“Global and local investors have poured over $700 million into the digital banking sector, setting a new milestone that

BW FILE PHOTOBy Kyle Aristophere T. Atienza, ReporterSINGAPORE — Philippine agricultural supply startup Mayani expects to expand overseas with the help of a new law that seeks to boost export competitiveness, and as the company partners with a half-a-million farmers in the next two years.The

YELLOW and red alerts were declared on the Luzon and Visayas power grids Tuesday, with power reserves thinning after a number of generating plants announced forced outages.In a statement Tuesday, the National Grid Corp. of the Philippines (NGCP) said red alerts were was raised over

REUTERSTHE Philippines has proposed to Japan and the US ministers its accession to the US-Japan Critical Minerals Agreement.“Critical minerals were one of the topics we covered in our trilateral ministerial meeting. We emphasized the fact that we are a major producer of critical minerals,” Trade

BOCTHE Department of Agriculture (DA) said the streamlined food import process under Administrative Order No. 20 will be open only to legitimate traders to prevent abuse of the rules by would-be smugglers.“We will be giving all the necessary safeguards” to ensure that the system is