SSS fast-tracks pension hike, releases P6B early
The Social Security System (SSS) has accelerated the rollout of a scheduled pension increase, releasing an estimated P6 billion in additional benefits to 4.1 million pensioners three months ahead of schedule as the government moves to ease the burden of rising living costs.
ESEC gets green light for 98.2 MW Capiz solar project
EcoSolar Energy Corp. (ESEC), a member of the Yuchengco Group, has secured an Environmental Compliance Certificate (ECC) for its 98.20 MW solar plant in Panitan, Capiz.
PFI Group surpasses ₱100 billion in total claims paid
Philippines First Insurance Group (PFI Group), a leading insurance and healthcare conglomerate, has paid out over ₱100 billion in claims, serving as a critical financial safety net for more than 4.5 million policyholders. Reaching this milestone coincides with the 120th anniversary of its core brand, PhilFirst, and highlights the group’s long-standing role in the national economy alongside its subsidiaries PhilLife, PhilCare, and PhilPlans.
PAL names new independent directors to boost growth strategy
The Philippine Airlines (PAL) announced on Tuesday the appointment of corporate leader Edgar O. Chua and seasoned aviation executive Datuk Captain Izham Ismail as independent directors, effective June 1, 2026.
Smart bets on personalized plans and 5G to counter slowdown
PLDT Inc. said Tuesday its wireless unit, Smart Communications Inc., will rely on tailored data solutions and faster 5G adoption to drive growth amid a broader industry slowdown. Moving away from standard packages, Smart now uses advanced analytics to create customized plans matched to each user’s needs and budget. Smart co-OIC Lloyd Manaloto noted this approach lets them deliver the right service at the right time, while PLDT COO Menardo G. Jimenez highlighted how targeted offers help counter slower growth.
