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STOCK PHOTO | Image by iiijaoyingiii from PixabayBy Katherine K. ChanTHE Philippine banking sector’s nonperforming loan (NPL) ratio dropped to a three-month low in June even as banks continued to expand their lending portfolios, Bangko Sentral ng Pilipinas (BSP) data showed.Data from the BSP showed banks’
President Ferdinand R. Marcos, Jr. receives a copy of the Fiscal Year 2026 National Expenditure Program and President’s Budget Message from Budget Secretary Amenah F. Pangandaman during a ceremonial turnover at Malacañan Palace on Aug. 12. — NOEL B. PABALATE, PHILIPPINE STAR/PPA POOLBy Kenneth Christiane
Artificial intelligence technologies can potentially boost the Philippine economy by P1.8 trillion, according to a new report. — REUTERS/DADO RUVIC/ILLUSTRATIONBy Beatriz Marie D. Cruz, ReporterARTIFICIAL INTELLIGENCE (AI) technologies can potentially boost the Philippine economy by P1.8 trillion (around $31 billion), as Filipinos increasingly use AI
A lineman checks meters and wires in Marikina City, July 17, 2025. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Sheldeen Joy Talavera, ReporterRESIDENTIAL HOUSEHOLDS in areas served by Manila Electric Co., (Meralco) will see higher electricity bills this month as the power distributor hikes rates due to
PLDT and Smart Communications, Inc. Chairman and Chief Executive Officer Manuel V. Pangilinan — PHILSTAR FILE PHOTOLISTED telecommunications company PLDT Inc. saw its attributable net income rise by 6.05% in the second quarter (Q2) to P9.11 billion compared to the same period last year, lifted
DoubleDragon to issue P10.9-B bonds at 7.7% next month - BusinessWorld Online HOTEL101GLOBAL.COMDOUBLEDRAGON CORP. (DD) aims to raise up to P10.9 billion through a retail bond
DESIGNED by architectural firm Benoy, SM Megamall’s new aesthetic takes inspiration from a nature-inspired oasis of “Crystal Islands,” seamlessly extending from exterior to interiors. — PHILSTAR FILE PHOTOSM PRIME HOLDINGS, INC. has allocated P7 billion for the phased redevelopment of SM Megamall in Mandaluyong City,
REUTERSPHILIPPINE BANKS’ combined net income grew by 4.14% in the first half as both net interest and non-interest earnings increased year on year.The banking industry’s net profit climbed to P198.14 billion in the six months through June from P190.26 billion a year ago, data from
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