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BPI Sinag, one of BPI Foundation’s social innovation platforms, continues to empower social entrepreneurs in the Philippines.

Korean manufacturing companies in the Philippines are packing up and leaving the country for Vietnam where they see lower costs and an easier way of doing business.

Term deposit rates moved sideways yesterday as banks anticipate a higher demand for cash ahead of the long weekend as well as higher lending, the Bangko Sentral ng Pilipinas said.


In 2006, more than a decade ago, the highly moving documentary “An Inconvenient Truth” swept the world with its message of global warming and the threat of climate change on Earth.

As another week has quickly passed us by, we are getting closer to the ASEAN Business Awards Gala Night this coming September!

Latest Business News

The peso continued to weaken against the dollar yesterday, shedding another 13.5 centavos amid the fresh terrorist attack in Barcelona as well as the debate over the pace of interest rate hikes by the US Federal Reserve.

The Bangko Sentral ng Pilipinas (BSP) has approved the registration of two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing but potentially risky virtual currency industry.

Share prices closed lower yesterday, echoing the general downtrend in global stocks as escalating worries about Trump administration’s ability to push through its economic agenda rattled investors.

Net earnings of NLEX Corp. went up 17.5 percent in the first semester from a year ago due to higher toll revenue from the operations of the North Luzon Expressway and Subic-Clark-Tarlac Expressway.

Golden Haven Memorial Park Inc., the death care service provider of the Villar family, reported a 24 percent growth in its first half income to P104 million.

The first package of the tax reform program which provides for the lowering of income tax and offsetting measures must be passed as a package to be more effective, said state-run think tank Philippine Institute for Development Studies.

The Malampaya fund has a balance of nearly P194 billion that could be used for energy-related projects, Energy Undersecretary Felix William Fuentebella has told congressmen.

State-run National Electrification Administration (NEA) is seeking a budget of P4.9 billion in 2018 to cover the electric cooperatives’ needs for electrification.

The Federation of Philippine Industries is pushing for the use of palm oil as a new additive for biodiesel to soften the blow of looming higher fuel prices for consumers.

The tourism showcase was held in the Canary Wharf in London’s financial capital.


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