A new Senate majority consolidated power on Wednesday, electing Senator Sherwin Gatchalian as Senate President and ending Senator Alan Peter Cayetano’s turbulent tenure at the helm of the chamber. The leadership shakeup was sealed after Senator Joel Villanueva crossed over to the emerging bloc, providing the crucial 13th vote needed to formally install Gatchalian. In a broader realignment of Senate leadership, former Senate President Vicente Sotto III was elected Senate President Pro Tempore, while Juan Miguel Zubiri took over as majority leader and chairman of the Committee on Rules, which controls the chamber’s legislative agenda. The new majority also allocated committee chairmanships, leaving the Blue Ribbon Committee now investigating the flood control controversy with Senator Erwin Tulfo.
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Social Responsibility & Sustainability
BPI BanKo, Jollibee Group Foundation step up support for onion farmers
BPI Direct BanKo, Inc. (BanKo) and Jollibee Group Foundation (JGF) have expanded their partnership to provide accessible, sustainable financing to Filipino onion farmers under the Foundation’s Farmer Entrepreneurship Program.
Communications & Technology
Mynt says to offer 12% stake in planned IPO
Mynt, the operator of financial super app GCash, has taken a major step toward what could become one of the Philippine market’s largest technology listings after securing board and shareholder approvals for a proposed initial public offering.
Sports & Entertainment
PAGCOR replaces gaming ads with Helpline push
The Philippine Amusement and Gaming Corp. (PAGCOR) has ordered gaming operators nationwide to replace responsible gaming advertisements with promotions for the newly launched 24/7 National Problem Gambling Helpline, signaling a stronger regulatory focus on intervention and player welfare.
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