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Philippines trade gap narrows in May on strong export growth

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.

NLEX pushes for Marilao Bridge rebuild amid frequent accidents

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.

SM Hotels investing P5.3B in 5-year MICE expansion

SM Hotels and Convention Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc., is investing P5.3 billion over the next five years to...

GSIS disburses ₱413B in loans under Ginhawa Programs

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.

Insurer secures 3-year MDRT sponsorship to drive performance

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.

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BPI Foundation, Knowledge Channel team up to bring financial literacy to public schools

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.

SEC sets 10-year term limit for broker-directors at PSE

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.

PAL to resume Manila-Sapporo flights in November, expanding Japan network and trade links

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.

BPI consider Blue Bonds to fund water projects

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.
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