A new report from Singapore-based fintech firm ROSHI has raised alarms about the growing credit card debt crisis in the Philippines, with consumer debt reaching levels described as “critical.” According to the findings, Filipino cardholders are carrying an average balance of S$2,092, while the typical monthly income is just S$492.26. This results in a staggering […]

Hotel101 Global Holdings Corporation became the first Filipino-owned company to be listed and traded on the Nasdaq, debuting with an Opening Bell ceremony in New York on Friday, June 27. Now trading under the ticker “HBNB,” the tech-driven hospitality platform is built for global scale, offering standardized hotel units through a proprietary, asset-light model. The […]

The Philippines has joined 67 jurisdictions—including 10 in Asia—in committing to the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) by 2027 or 2028, marking a major step toward regulating digital assets and curbing tax evasion linked to cross-border crypto flows. The Department of Finance (DOF) made the commitment during the 8th […]

Lockheed Martin is tying its offer of F-16 Block 70 fighter jets to a bold plan to boost local jobs, train Filipino workers, and build up the Philippines’ defense industry — a move that could accelerate the country’s push for military self-reliance and high-tech growth. The U.S. defense contractor has proposed setting up in-country maintenance, […]

The number of dollar millionaires in the Philippines has surged by 32% over the past decade, outstripping growth in several advanced economies and regional peers, even as a quiet but notable outflow of wealth begins to take shape. According to Henley & Partners’ Private Wealth Migration Report 2025, the Philippines is now home to 12,800 […]

R+T Asia wrapped its 20th edition with record-breaking attendance and international reach, solidifying its position as Asia’s premier trade fair for the sun shading and door/gate industries. The event also commemorated the 60th anniversary of the global R+T brand, signaling its long-standing influence in the built environment sector. Held from May 26 to 28 at […]

The Philippines is making a coordinated push to attract Chinese manufacturers, positioning itself as a cost-effective, investor-ready hub in Southeast Asia—with government agencies and private developers like Aboitiz InfraCapital leading a rare unified campaign. In a high-level investment mission to Shenzhen and Guangzhou, the industrial estate operator joined forces with the Philippine Economic Zone Authority […]

BDO Unibank has retained its title as the Philippines’ most valuable brand in 2025, with its brand value rising 48% to $3.7 billion, according to the latest annual report by Brand Finance. The banking giant continues to outpace peers on the back of stronger brand equity and solid financials, including gains in customer loans and […]

Asia Pacific’s real estate markets are holding firm despite global economic turbulence triggered by aggressive policy shifts from Washington. The region, including the Philippines, is proving resilient, as Cushman & Wakefield’s latest report outlines, buoyed by structural strengths, digital infrastructure growth, and strategic supply chain shifts. In a Manila briefing titled “The 2025 Triad: Trump’s […]

The Philippines has enacted a landmark law aimed at modernizing its capital markets and expanding retail investor participation, as part of broader efforts to strengthen financial inclusion and boost economic growth. Republic Act No. 12214, or the Capital Markets Efficiency Promotion Act (CMEPA), overhauls the tax framework for passive income and financial instruments, reducing costs […]