Term deposit rates drop as market eyes BSP move
THE BANGKO SENTRAL ng Pilipinas’ (BSP) seven-day term deposits fetched a lower average rate on Wednesday as the offer was oversubscribed, with below-target November inflation bolstering bets on another rate cut this week. Bids for the central bank’s term deposit facility
ALI eyes Gatewalk as key commercial district in Cebu
LISTED property developer Ayala Land, Inc. (ALI) said its upcoming Gatewalk development in Mandaue City is set to become a key commercial district in Metro Cebu as it rolls out new access infrastructure and retail components. “Gatewalk is envisioned to grow
Recycling as trade defense
STOCK PHOTO | Image by FREEPIKThe Philippines has a garbage problem that the world can see. Tons of our plastic waste continue to end up in the ocean. What lies ahead, however, is not only an environmental problem but also
Peso edges up before Fed, BSP decisions
THE PESO inched up against the dollar on Wednesday as investors await the policy decisions of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). The local unit gained a centavo to close at P59.21 versus the greenback from
HD Hyundai Equipment Selects Iridium for Global Connectivity
Hyundai’s Hi MATE Remote Fleet Management System to Utilize Iridium’s IoT Services for Delivery of Critical Machine Data Iridium Communications Inc., a leading provider of global voice, data, and positioning, navigation and timing (PNT) satellite services, today announced it has been
Digi International Introduces Zero-Touch eSIM for Multi-Carrier Connectivity
Enhance global deployments through streamlined eSIM workflows, unified orchestration, and improved operational governance Digi International®, a leading global provider of cellular connectivity solutions, today announced the release of an SGP.32 compatible eSIM accessory to bring comprehensive SIM management to its connected
Device-as-a-Service in IoT: Viability, Risks and Best Practices
By Manuel Nau, Editorial Director at IoT Business News. Device-as-a-Service (DaaS) is gaining traction across enterprise IoT as organisations seek predictable costs, simplified operations and faster deployments. DaaS refers to a subscription-based model in which IoT devices, connectivity, software and lifecycle
EMASS and Semtech Collaborate on Low-Power Edge AI
Integration brings LoRaWAN® connected intelligence to battery-powered industrial IoT EMASS, a Nanoveu subsidiary specializing in next-generation semiconductor technology, today announced a strategic collaboration with Semtech to bring low-power edge AI solutions integrated with LoRaWAN® connectivity to market. EMASS’s ECS-DoT AI-enabled system-on-chips
World Bank sees gradual Philippine recovery in 2026, 2027
SHOPPERS crowd a busy street market in Divisoria. — PHILIPPINE STAR/RYAN BALDEMORTHE WORLD BANK (WB) sees a gradual recovery for the Philippines in 2026 and 2027, after growth slowed this year due to weaker investment and sluggish consumption, compounded
Peso falls to new low of P59.22 vs $1
BW FILE PHOTOTHE PESO sank to a new all-time low on Tuesday to join most regional currencies’ decline against the US dollar on cautiousness before the US Federal Reserve’s policy meeting, with bets on a rate cut by the Bangko