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EastWest launches AutoCash refinancing for car owners

East West Banking Corporation has introduced EastWest AutoCash, a refinancing service that allows vehicle owners to borrow against the value of their cars while continuing to use them.

Japan turns over equipment to PCG to boost patrol operations

Japan has provided 13 generators with trailers to the Philippine Coast Guard (PCG) to help improve the operational readiness of its patrol vessels.

Fiber momentum fuels Converge earnings growth

Converge Information and Communications Technology Solutions Inc. kept its growth streak intact in 2025, posting double digit revenue gains as demand for fiber broadband remained strong across households and businesses.

MARINA helps shipping firms navigate rising fuel risks

The Maritime Industry Authority (MARINA) has ordered domestic shipping operators to adjust operations and allow the imposition of fuel surcharges as geopolitical tensions in the Middle East pushes global oil prices higher, raising cost pressures for the Philippines’ vital inter-island transport network.

Philippines pushes talks on EU free trade deal

The Philippines is stepping up engagement with the European Union as negotiations continue toward a long-anticipated free trade agreement, with both sides exploring deeper cooperation in services, investments and professional mobility.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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