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Insurer launches its first Shari’ah-compliant life policy

Pru Life UK has unveiled its first Shari’ah-compliant life insurance product in the Philippines, the PRUTerm Lindungi, marking a landmark innovation in the insurance sector. Rooted in Islamic principles of mutual aid, fairness, and shared responsibility, the plan is designed to provide inclusive, ethical, and affordable life protection for Filipinos of all backgrounds.

Accenture shares drop as 3Q bookings miss expectations

Shares of Accenture slid nearly 7 percent on Friday after the global professional services giant reported lower-than-expected new bookings for its fiscal third quarter ending May 31, despite solid gains in revenue and profitability.

NLEX speeds up Marilao Overpass Repairs

NLEX Corp. announced on Friday accelerated repair works at the Marilao Overpass Bridge that sustained damage caused by an overheight container truck, significantly affecting traffic flow in the area.

No fare hike yet: LTFRB awaits study before making decision

The Land Transportation Franchising and Regulatory Board (LTFRB) ruled out on Friday any fare rate increase for public utility vehicles (PUVs), offering reassurance to commuters amid rising fuel prices.

Security Bank wins SME, investment banking honors at 29th FinanceAsia Awards

Security Bank Corp. and Security Bank Capital earned top honors at the 29th FinanceAsia Awards, reinforcing the group’s corporate and commercial banking leadership in the Philippines.

Just in

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Caltex widens network, reaches 600 Philippines stations

Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.

Manulife Philippines taps Manish Sangal to drive AI

Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.

BPI expands sustainability push beyond green finance 

Bank of the Philippine Islands is widening its sustainability agenda beyond environmental initiatives, ramping up support for underserved sectors, small businesses, and financial inclusion programs nationwide.
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