Term deposit yield declines on strong demand, lower oil prices
THE CENTRAL BANK’S term deposits fetched a slightly lower average yield on Wednesday as the offer drew strong demand and with global oil prices...
BSP approves relief measures for banks, borrowers amid war shock
THE BANGKO SENTRAL ng Pilipinas (BSP) has approved relief measures to help give both banks and borrowers financial flexibility and support continued lending activity...
Theater group says Paramount, Warner Bros. merger ‘harmful’ to industry
LAS VEGAS — Paramount Skydance’s proposed purchase of Warner Bros. Discovery will consolidate too much power in one company and cause harm to consumers...
Infrastructure: The next frontier of Philippine fintech
IN 2026, the Philippines has no shortage of fintech. We have e-wallets on 70% of phones, credit being offered from every corner of the internet, and a growing ecosystem of digital banks, payment providers, and remittance companies.
Middle East war to push up Philippine banks’ credit losses, costs — S&P
PHILIPPINE BANKS could see higher credit costs as soured loans are expected to rise due to the economic fallout from the Middle East war,...
Philippine fintech industry’s growth limited by infrastructure gaps — report
THE PHILIPPINES’ financial technology (fintech) ecosystem’s growth is constrained by the lack of supporting infrastructure despite robust demand for digital transactions, according to a...
Taxing mobility’s future
By Marvin Tort
The market is now moving towards EVs faster than anyone predicted, driven not by environmental conviction but by a national emergency caused by the...
HONOR launches latest smart tablet Pad X8b
HONOR Philippines on Tuesday launched its latest generation of its smart tablet series, the HONOR Pad X8b.
The tablet’s price starts at just P9,999 and...
Rising subsidies and the danger of debt explosion
By Bienvenido S. Oplas, Jr.
These are recent reports about rising subsidies — which can be dangerous to both short- and long-term fiscal discipline and consolidation — as reported...
AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks
ANTHROPIC’S MYTHOS, a new artificial intelligence (AI) model the company and cybersecurity experts warn could supercharge complex cyberattacks, poses significant challenges to the banking...
House eyes May 4 vote to scrap VAT on fuel amid Executive resistance
THE House of Representatives is targeting a May 4 vote on a proposal to remove the value-added tax (VAT) on petroleum products, as lawmakers...
Marcos pushes oil-sharing, stockpiling to curb shocks
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday called for the immediate activation of a regional oil-sharing mechanism and joint stockpiling initiatives, warning that Asia’s exposure to supply disruptions could prolong inflation and slow growth without stronger coordination.