Life insurance awareness among Pinoys declines post-pandemic
A recent survey revealed that while 83 percent of Filipinos considered life insurance important in 2022, only 54 percent felt the same in 2024—a significant drop driven by post-pandemic complacency and budget constraints.
DPWH fast-tracks Bucana Bridge completion
The Department of Public Works and Highways (DPWH) announced on Friday that the ₱3.12-billion Davao River (Bucana) Bridge Project is on pace for early completion by November this year, ahead of its original late-2025 target, marking a key milestone in the government’s flagship infrastructure initiative.
Concreat Holdings expands cement output by 26%
Concreat Holdings Philippines Inc., a majority-owned subsidiary of DMCI Holdings, said the new production line at its Solid Cement Plant in Antipolo City became fully operational in April. The expansion boosts annual capacity by 26 percent to 7.2 million metric tons.
Higher interest income lifts Chinabank 1Q profit
China Banking Corp., the country’s 6th largest lender by assets, sustained its strong performance in the first quarter, with higher interest income and continued loan expansion fueling a 10 percent growth in net income to P6.5 billion.
PGMC ships first nickel ore of 2025
Platinum Group Metals Corp. said it has dispatched its first nickel ore shipment for 2025, kicking off a promising operational year for the mining arm in Surigao del Norte of diversified and listed conglomerate Global Ferronickel Holdings, Inc.
