Several top officials from the Land Bank of the Philippines LANDBANK) visited the Cebu CFI Community Cooperative (Cebu CFI) to reassure the Banks continued support for the lending cooperative and its members.

Business were less upbeat in the third quarter amid high inflation, the Bangko Sentral ng Pilipinas reported. Results of a BSP survey of companies showed business sentiment weakened in July-September period as the overall confidence index (CI) declined to 26.1 percent from 35.4 percent in the second quarter.

The Philippine peso fell to a new record low for the fourth straight day on Friday, closing at P58.50 against the US dollar. The US dollar rose after the US Federal Reserve announced another 75-basis-point rate hike to combat inflation. The Bangko Sentral ng Pilipinas also raised the country's interest rate on Thursday by 50 bps to 4.25 percent. #in60words...

DITO Telecommunity said it passed another state-mandated technical audit examining the companys progress in fulfilling its commitments. According to a statement, the National Telecommunications Commission has just furnished DITO with a notice that it passed the independent auditors Conduct of Specified Procedures Year 3 Committed Level of Service (CLoS)....

THE Philippines longest domestic submarine fiber cable project has landed on the shores of Siargao, with the aim of delivering faster and reliable connectivity on the island as it paces through recovery in the wake of Typhoon Odette and the prolonged pandemic.

Former Executive Secretary Ruben Torres filed a petition before the Supreme Court, which calls to annul the sale and transfer of shares in Malampaya Project in Palawan province made in 2019 and 2020 by Chevron Philippines, Ltd. in favor of UC Malampaya Philippines Pte Ltd., a wholly-owned subsidiary company of Udenna Corporation whose majority stockholder is Dennis Uy. #In60words...

Global Ferronickel Holdings, Inc.s (FNI) affiliate Ipilan Nickel Corporation has successfully completed its maiden shipment of ore to Guangdong Century Tsingshan Nickel Industry Co., Ltd in China.

This week, the second Central Visayas Business Conference will take place as part of the Italian Chamber of Commerce in the Philippines Inc. (ICCPIregional )'s business conference series. The business conference, scheduled for Thursday, September 22, 2022, intends to highlight investment prospects, learn from local companies, and examine trends. #In60words...

One of Australia's top energy producers said on Monday it would sell its stake in a major fracking project that has come under criticism from environmental and Indigenous groups.

Players in the real estate business are gearing up for the anticipated growth in the sector due to the restored trust of real estate buyers, whether for personal use or investment purposes, not just in Cebu but throughout the country.

A House leader has lauded the decision of the Finance department to allow business process outsourcing (BPOs) companies to keep their work-from-home arrangements and benefit from tax incentives if they register with the Board of Investments.

The National Telecommunications Commission on Tuesday ordered Dito Telecommunity, Globe Telecoms, and Smart Communications to deactivate all clickable URLs or links that lead to malicious websites, as contained in the text messages sent to the consumers, amid the proliferation of SMS-based scams.

The traffic noise of EDSA, the bumper-to-bumper ride back to school, and the bustling hustle at work are some signs that we have regained our lives post-pandemic. As Filipinos begin to thrive, so is the rise of the only boss of franchises, the king of siomai-Siomai King.

Megaworld Corp. plans to open its second in-house hotel development within its 30-hectare Mactan Newtown development in Lapu-Lapu City by the fourth quarter of this year.

The government said it would allow call center companies to implement a hybrid work-from-home (WFH) arrangement for much longer until further notice. The DOF said it deemed necessary to retain the 70% on-site and 30% WFH arrangement, pursuant to FIRB Resolution No. 017-22.