BW FILE PHOTOPHILIPPINE BANKS’ lending in September grew to its slowest pace in 14 months amid fewer loans to both residents and nonresidents, the Bangko Sentral ng Pilipinas (BSP) said.Based on preliminary BSP data released late on Wednesday, universal and commercial banks’ outstanding loans, net

Workers unload packs of newly delivered vegetables at a market in Divisoria, Manila, Aug. 9. — PHILIPPINE STAR/NOEL B. PABALATETHE PHILIPPINE Statistics Authority (PSA) on Thursday said it kept the country’s gross domestic product (GDP) growth rate at 5.5% for the second quarter.In a report,

FREEPIK/TAWATCHAI07PHILIPPINE CONGLOMERATES are expected to invest about $28 billion (P1.65 trillion) in renewable energy projects over the next decade as part of a broader $185-billion (P10.9-trillion) investment wave by leading business groups in the Philippines and Vietnam, according to S&P Global Ratings.In a report released

Aerial photo of ICTSI's flagship Manila International Container Terminal at the Port of Manila — ICTSI.COMRAZON-LED International Container Terminal Services, Inc. (ICTSI) posted a 26.27% rise in third-quarter attributable net income to $267.72 million, supported by higher cargo volumes and improved port revenues.“ICTSI’s diversified portfolio

Smart secures P2-B green loan for 5G network expansion - BusinessWorld Online                                    PHILSTAR FILE PHOTOSMART COMMUNICATIONS, INC., the wireless arm of PLDT Inc., has obtained its

PHILSTAR FILE PHOTOLISTED food manufacturer Monde Nissin Corp. is shifting its focus toward expanding its alternative meat business after reporting improved margins and launching a nutrition campaign.“The campaign that’s underway in Q4 (fourth quarter) focuses on our frozen ingredients range with the biggest frozen campaign

DIRECTOR JAG CRUZ (left), executive producer and writer Margarita Marquis (center), and the cast of Moudifa the Musical.By Brontë H. Lacsamana, ReporterAN UNFINISHED production titled Moudifa the Musical is serving as the proof of concept for artificial intelligence (AI)-generated music and lyrics, created by its

DIGIPLUS.COM.PHLISTED DigiPlus Interactive Corp. (PLUS) reported a 51.41% decline in its third-quarter net income to P1.71 billion, citing stricter regulations that prompted e-wallet providers to remove in-app access to licensed online gaming platforms.“This temporarily disrupted player activity and transaction volumes across the industry during the

BANK of the Philippine Islands’ (BPI) e-wallet VYBE has partnered with self-service kiosk provider Pay&Go to offer free cash-in services as it targets to grow its user base and help in facilitating cashless transactions.The partnership is meant to provide VYBE users with an additional way

Globe taps AWS to accelerate digital transformation - BusinessWorld Online                                    Image via Tony Webster/Flickr/CC BY 2.0 GLOBE TELECOM, INC. has partnered with Amazon Web Services (AWS)

Starmaker Mr. M signs with MQuest - BusinessWorld Online                                    THE STARMAKER behind many of the country’s iconic artists, Juan “Johnny” L. Manahan, fondly known as Mr.

BW FILE PHOTOSLOWER-THAN-EXPECTED October inflation gives the Bangko Sentral ng Pilipinas (BSP) leeway to continue its easing cycle to support the economy, analysts said.“Sub-target inflation provides sufficient room for the BSP to cut policy rates by 25 basis points (bps) in its December meeting,” Metropolitan