The Philippines’ trade deficit narrowed to USD 3.29 billion in May from USD 4.73 billion a year earlier—an improvement also over April’s USD 3.79 billion trade gap—due to strong export growth and softer import values, the Philippine Statistics Authority (PSA) reported Friday.
Toll road builder and operator NLEX Corp. said on Friday that it has asked the national government to allow the enterprise to rebuild the accident prone Marilao Interchange Bridge to put a stop to traffic disruptions that inconvenience motorists every so often.
The Government Service Insurance System (GSIS) has disbursed a total of ₱413.4 billion across 1.9 million loan applications through its Ginhawa Flex and Ginhawa Lite programs, GSIS president and general manager Wick Veloso announced at a stakeholders’ dialogue held at the Sequoia Hotel Manila Bay.
Pru Life UK is set to accelerate its agency force development through a new three-year premier sponsorship deal with the Million Dollar Round Table (MDRT), announced by parent company Prudential plc. This partnership underscores a major strategic move to enhance corporate leadership capabilities and drive commercial performance.
In a major move to equip young Filipinos with vital money management skills, BPI Foundation, Inc. (BPIF) has partnered with Knowledge Channel Foundation, Inc. (KCFI) to deliver specialized financial education content and learning materials to public schools across the country.
The Securities and Exchange Commission (SEC) has established a 10-year cumulative service limit for broker directors at the Philippine Stock Exchange and similar exchanges, aiming to boost governance, ensure fair representation, and match global regulatory standards.
Philippine Airlines (PAL) has announced it will bring back seasonal nonstop flights between Manila and Sapporo starting November 23, 2026, for the winter 2026 travel season. The service will run three times weekly until March 26, 2027, marking a key expansion of the carrier’s operations and connectivity between the Philippines and Japan.
Bank of the Philippine Islands (BPI) is weighing the issuance of blue bonds as part of its growing focus on sustainable finance, signaling rising investor interest in water-related initiatives.