Enterprise tech news and intelligence in the Philippines
Young Filipinos are increasingly choosing to save through digital banking, with Gen Z and millennial customers accounting for more than 87% of all Metrobank eSavings accounts opened since the start…
Digital banking competition continued to pressure Philippine lenders in early 2026, but Security Bank Corp. reported stronger core earnings and tighter cost controls in the first quarter, lifting pre-provision operating…
RELX | Reed Elsevier is expanding its artificial intelligence (AI) and digital operations in the Philippines as the global information and analytics company marks 15 years in the country with…
Security Bank Corp. reported a 26% increase in pre-provision operating profit (PPOP) to ₱27.6 billion in 2025, driven by growth across its core banking businesses and other income streams. Total…
Metropolitan Bank & Trust Co. (Metrobank) reported a net income of ₱49.7 billion in 2025, supported by steady asset growth, stable margins, higher trading income, and controlled expenses. Pre-provision operating…
Salmon Bank (Rural Bank) Inc. said its client base doubled in 2025 as more affluent Filipinos placed funds in time deposits, drawn by higher interest rates and capital stability. By…
Metrobank expects the Bangko Sentral ng Pilipinas (BSP) to cut its key policy rate by 25 basis points to 4.25% at its Feb. 19 meeting, to support domestic growth amid…
FedEx said its operations generated about $5.7 billion in combined direct and indirect economic impact in the Asia Pacific region in fiscal year 2025, based on its latest Global Economic…
Cybersecurity and digital privacy company Kaspersky appointed Simon Tung as its new general manager for ASEAN and Asia Emerging Countries, in October. He will lead the company’s strategy and operations…
Security Bank Corp. reported higher revenues and steady profit in the first nine months of 2025, attributing this to stronger lending activity, higher interest income, and continued growth in deposits.…
Security Bank has announced the appointment of Victor Lee Meng Teck as its next president and CEO, effective January 2026, pending regulatory requirements. Lee will succeed Sanjiv Vohra, who will…
The Philippine Chamber of Commerce and Industry (PCCI), a non-stock, non-profit organization, has been working with government agencies to streamline processes and encourage reforms that make it easier to do…
Anaplan, a cloud-based platform that uses artificial intelligence (AI) for scenario planning and business analysis, has appointed Simone Pigason as its new country head for the Philippines. In her new…
Enterprises in Asia Pacific (APAC) are increasing investments in cloud security as they adopt hybrid cloud systems, face AI-driven cyber threats, and respond to new government requirements, according to a…
For Ken Lerona, founding Cornelius Magnate Engagement & Consulting was not just about building a firm. It was about creating a platform that connects two worlds he knows intimately: the…
LBC Express Holdings Inc. reported a net income of ₱181.3 million for the first half of 2025, reversing the ₱190.9 million net loss recorded in the same period last year.…
Techno Holdings Corp., the parent company of 10 subsidiaries across six industries, is expanding into health, beauty, and wellness as it celebrates 35 years of operations. Founded in 1990 by…
Broadband and technology company Converge ICT Solutions Inc. has announced changes in its executive team as part of its plan to stay focused on long-term growth and resilience. Jesus “Boboy”…
The Bangko Sentral ng Pilipinas (BSP) will temporarily stop the operations of its Coin Deposit Machines (CoDMs) in select malls across the Greater Manila Area starting June 17, 2025. The…
Business trips aren’t cheap, and yet, many end up being little more than expensive jet lag with a side of frustration. It’s not always the schedule or the meetings that…
A new report from DHL forecasts steady growth in global trade, with the Philippines identified as one of the fastest-growing markets in Asia. Alongside India, Vietnam, and Indonesia, the country…
Technology company Lenovo reported strong financial results for the third quarter of its fiscal year 2024-2025, citing increased demand for artificial intelligence (AI) technologies across its business units. Lenovo’s revenue…
Metrobank also recorded ₱18.1 billion in fee and trust income, while gains from trading and foreign exchange transactions reached ₱5.6 billion, reflecting a 39% year-on-year increase.
Sophos has completed its acquisition of Secureworks in an all-cash deal valued at approximately $859 million. As a result, Secureworks’ common stock is no longer trading on Nasdaq. Sophos, backed…
Tech giant IBM closed 2024 with stable revenue growth, driven by strong demand for its software segment and increasing interest in artificial intelligence (AI). The company reported $62.8 billion in…
NetApp, an intelligent data infrastructure company, has named Kenneth Poh as its new country manager for Singapore and the Philippines. Poh will oversee the company’s operations and strategies in both…
Today, trading is becoming something more than just a free-time activity; trading is something that many people already call their profession, and in the future, it will certainly become even…
The Metropolitan Bank & Trust Co. (Metrobank) Financial Markets Sector received multiple recognitions for its work in securities trading, investment, and wealth management. The awards highlight its contributions to the…
According to the online job platform Jobstreet by SEEK’s Employee Job Happiness Index 2024, 85% of Filipino workers reported feeling happy or neutral about their jobs, a significant increase from…
SBI Holdings Inc., a financial conglomerate based in Tokyo, has acquired a minority stake in UBX, a company driving digital transformation in the Philippines. The partnership aims to develop tailored…
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