BDO Unibank Inc., the country’s largest lender and a key member of the Sy Group, has appointed veteran banker and IT strategist Rene Morta as senior vice president for IT Initiatives under the office of the bank’s president. The appointment takes effect on October 16.
Globe is continuing its efforts to support communities impacted by Typhoon Opong, focusing on restoring connectivity in South Luzon and the Visayas. The company has deployed its network and relief teams to aid in the recovery, with restoration work progressing across 29 affected provinces—14 in South Luzon and 15 in the Visayas.
Globe Telecom Inc. is set to accelerate its expansion of mobile cell towers in geographically isolated and disadvantaged areas (GIDAs) this year, in a bid to meet the growing demand for broadband connectivity.
The Department of Transportation (DOTr) has announced plans to expedite repair efforts at Masbate Airport after Typhoon Opong left significant structural damage, with estimated costs ranging from P10 to P15 million.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed all regional offices of the Department of Agriculture (DA), along with the Philippine Crop Insurance Corp. (PCIC), to fast-track damage verification and loss assessment in areas affected by recent tropical cyclones and the southwest monsoon (Habagat). The goal is to speed up the distribution of assistance to thousands of affected farmers and fisherfolk.
The Philippines is stepping up agricultural ties with Türkiye, targeting stronger trade in poultry, seafood, and tropical products while boosting Halal-certified feed production. A recent meeting between represenatives of the Department of Agriculture and the Turkish Embassy focused on enhancing food security and opening new markets for high-value Philippine exports.
Discovery Capital Finance Corp. (DCFC) and fintech company KreditHero, Inc. have announced a nationwide partnership to expand access to financing for small and medium enterprises (SMEs) across the Philippines. The collaboration combines Discovery Capital’s lending experience and network with KreditHero’s digital technology and wide reach, aiming to make it easier and faster for entrepreneurs to secure funding.
The governments of the Philippines and South Korea have opened new rice seed processing and cold storage facilities at the Department of Agriculture–Philippine Rice Research Institute (PhilRice) in Muñoz, Nueva Ecija. The project marks PhilRice’s 40th anniversary and aims to modernize the country’s rice seed supply chain.
San Miguel Corp. (SMC) has partnered with the provincial government of Laguna to expand its river cleanup and restoration program aimed at reducing flooding across the province.