Mynt, the parent company of GCash, is channeling more than P5.5 billion of its nearly P10 billion in initial public offering (IPO) proceeds into digital financial services, signaling a strategic shift beyond payments as the fintech firm pursues more diversified revenue streams.
SAFC recorded an 19 percent increase in loan disbursements to P1.48 billion in the third quarter of 2026, supported by sustained demand for vehicle financing and refinancing among Filipino households and entrepreneurs.
ACMobility has opened Manila’s first publicly accessible electric vehicle (EV) charging hub near City Hall, with two additional stations planned at government-run hospitals as the company expands its charging network through a partnership with the local government.
In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.
Around 900 engineering students from the Nueva Ecija University of Science and Technology learned firsthand about the changing power industry through PowerConvos, a lecture series by the Meralco Power Academy.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.