Some 3.2 million Filipino workers received assistance through Pag-IBIG Fund’s short-term loan (STL) programs from January to October this year, a 28 percent jump from the 2.5 million borrowers recorded in the same period last year, agency officials announced Monday, December 1.
The Philippine Competition Commission has approved the Thunder Consortium’s planned acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex, Aboitiz Power Corp. announced in a disclosure on Monday.
The Department of Energy (DOE) plans to release updated electric vehicle (EV) deployment targets by the first quarter of 2026, following a surge in EV registrations this year.
Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that affiliate California Orchard Growers Investment Inc. has sold its entire block of 120 million AGI shares to The Andersons Group Inc., the company’s principal shareholder.
Cebu Air Inc., the Gokongwei Group’s listed airline operator behind the Cebu Pacific brand, has named long-time executive Pamela Rae Chua as its new treasurer effective December 1. She succeeds Elynore Villanueva, who has retired from the post.