Power reserve market set to resume this month

BDO introduces digital innovations

Sy-led BDO Unibank Inc. has introduced self-service machines and other digital innovations in its physical branches nationwide as part of its strategy of combining digital and physical banking channels to make financial services more accessible for Filipinos.

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Tiu returns as president of Phl Infradev

Businessman Antonio Tiu has returned at the helm of listed Philippine Infradev Holdings Inc. after resigning from the post last year.

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Citi sees 150 bps rate cuts in 2 years

Global banking giant Citi expects the Bangko Sentral ng Pilipinas (BSP) to cut borrowing costs by a total of 75 basis points this year and another 75 basis points in 2025, which will provide support to the Philippines’ economic growth.

middle-income Phl to attain upper status by late 2025, says NEDA

The Philippines remains on track to achieving upper middle-income status by late next year after exceeding its gross national income (GNI) per capita target last year, the National Economic and Development Authority (NEDA) said.

EDC switches on P7-B geothermal plant in Albay

Energy Development Corp. (EDC), the renewable energy (RE) arm of Lopez-led First Gen Corp., has switched on its 28.9-megawatt (MW) geothermal plant, valued at around P7 billion, in Manito, Albay.

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CNPF hikes spending to support expansion

Century Pacific Food Inc. (CNPF), the listed food and beverage firm of the Po family, is hiking its capital spending this year to fund capacity expansion projects to support the company’s double-digit growth target for the year.

Say hello to wheat straw cups

Tzu Chi Foundation, which originated in Taiwan, has scheduled a charity run on July 21 for one, three, five and 10 kilometers at the UP Diliman campus.

Security Bank to double green, sustainable loans

Security Bank Corp. plans to double its new sustainable loans to about P80 billion by the end of 2025 as it seeks to take advantage of the growing financing needs for the country’s green transition.

Citizen scientists mobilized to protect Verde Island Passage

The Verde Island Passage (VIP), one of the country’s marine treasures, has received invaluable help from the Lopez Group, which organized an 18-member team of citizen scientists.

Phl, 4 Asian countries to link instant payment systems

The Bangko Sentral ng Pilipinas (BSP) and its global partners have completed the blueprint for the third phase of its Nexus Project and is now preparing for the final phase, which includes the live implementation of cross-border payments connectivity globally.