Converge ICT Solutions Inc. has expanded its footprint in Iloilo through a new partnership with Central Philippine University (CPU) aimed at transforming the educational experience with cutting-edge connectivity and technology. Founded in 1905, CPU is a leading academic institution in the Visayas, recognized for its strong programs in engineering, business, health sciences, and education. The […]

The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) elected Victor Lim as its new president on Sunday, capping a three-day national convention where more than 800 delegates from 170 chambers cast their votes under SGV Group’s supervision. Lim, president and chief executive of Veco Paper Corporation and Everwealth Traders and Development Corporation, […]

The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is hosting its 34th Biennial National Convention from April 3 to 6, gathering over 170 Filipino-Chinese chambers and diverse business associations from across the nation. The event, centered on the theme “Technology, Innovation & Entrepreneurship: Keys to Prosperity,” aims to foster collaboration and progress […]

TARI Estate is rapidly becoming a key driver of economic growth in Central Luzon. Developed by Aboitiz InfraCapital Economic Estates, the 384-hectare industrial and mixed-use development in Tarlac is set to be a hub for investment, employment, and sustainable growth. Launched in 2024, TARI Estate is Aboitiz InfraCapital’s first venture in Central Luzon, building on […]

The Philippines has once again cemented its presence on Forbes’ World’s Billionaires List, with 15 Filipino tycoons making the prestigious ranking in its 2025 edition. Led by property magnate Manuel Villar, whose net worth surged to $17.2 billion, the list reflects the economic powerhouses shaping industries from real estate to retail. Villar, 75, maintains his […]

Land Bank of the Philippines (LANDBANK) is redefining savings with the launch of OptiSaver Plus, an enhanced version of its high-interest OptiSaver account. Designed to help Filipinos grow their wealth, this upgraded account offers tiered interest rates and free insurance coverage for added financial security. The OptiSaver Plus account includes life insurance that scales with […]

GCash, the Philippines’ top mobile wallet, is expanding its digital financial offerings by integrating Circle’s USDC, a fully reserved digital dollar. The move provides millions of GCash users with seamless access to a stable digital asset for transactions, savings, and remittances through the app’s GCrypto feature. USDC is backed 1:1 by cash and cash-equivalent assets […]

The Philippine insurance industry reported robust performance in 2024, with double-digit growth across key metrics, according to year-end data from the Department of Finance (DOF). Benefit payouts rose 18.97% to P160.33 billion ($2.86 billion), driven by an increase in claims. Net income climbed 15.88% to P56.29 billion (US$1 billion), marking the third consecutive year of […]

The Philippine construction industry presented contrasting trends at the start of the year, with a significant drop in building permits but strong growth in construction value and floor area, according to preliminary data released by the Philippine Statistics Authority (PSA). Approved building permits fell sharply by 14.6% year-on-year to just 12,526 in January 2025, continuing […]

The Hong Kong Economic and Trade Office in Jakarta (HKETO Jakarta) hosted a business seminar and luncheon in Manila on February 14, spotlighting the role of fintech and logistics in strengthening economic ties between Hong Kong and the Philippines. The event, titled “Building a Stronger Future: The Synergistic Power of Fintech and Logistics,” also celebrated […]