Property Company of Friends, Inc. (Profriends) is redefining Filipino homeownership by creating communities that prioritize not just comfortable housing but also relationships, sustainability, and holistic living.
Legazpi Savings Bank (LSB), a subsidiary of the Bank of the Philippine Islands (BPI), has opened three new branch-lite units (BLUs) in Northern Luzon, as part of its ongoing mission to support educators and strengthen communities. The new branches are located in San Fernando (La Union), La Trinidad (Benguet), and Tuguegarao City (Cagayan)—key hubs serving over 85,000 teaching and non-teaching staff and more than 5,000 schools across Regions I and II.
The Manila Electric Company (Meralco) has restored electricity to nearly all customers affected by power outages caused by intensified southwest monsoon rains triggered by Super Typhoon Nando (international name: Ragasa). According to Meralco vice president and head of corporate communications Joe R. Zaldarriaga, crews are now conducting final restoration efforts and will continue working until service is fully restored.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has partnered with International Workplace Group (IWG) to manage the newly built Super Health Center in Casiguran, Aurora—marking IWG’s first venture into healthcare facility management globally.
The global economy is entering a period of prolonged weak growth and structural disruption, with mounting risks for emerging markets like the Philippines. This is according to the latest Chief Economists’ Outlook, released today by the World Economic Forum.
The government’s move to impose a floor price for rice purchases by state agencies is expected to set a strong benchmark that will raise farmers’ incomes and strengthen the National Food Authority’s (NFA) role in ensuring fair grain prices, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Wednesday.
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.