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SSS, Manulife expand insurance corve to more pensioners

The Social Security System (SSS) and Manulife Philippines have expanded their partnership to offer broader group credit life insurance for pensioners who take out loans under the SSS Pension Loan Program.

NLEX completes safety, maintenance works on SCTEX

NLEX Corporation has completed several asset enhancement and preventive maintenance projects on the Subic–Clark–Tarlac Expressway (SCTEX) to improve safety and provide smoother travel for motorists.

Tie-up sets stage for safer, faster field payments

The Philippine National Bank and PMFTC Inc. have signed a partnership that will equip more than 1,200 PMFTC sales personnel with QR Ph–enabled identification cards and lanyards, allowing them to accept customer payments through any mobile banking app or e-wallet.

PhilRealty fiinalizes tax-free Bonifacio Global lot transfer

Philippine Realty and Holdings Corp., a listed real estate company, has completed a tax-free exchange transaction with its wholly owned subsidiary, Three Corners Realty Corporation (TCRC), formally transferring a prime Bonifacio Global City (BGC) property in exchange for preferred shares.

Figaro to spin off Angel’s Pizza unit to drive future growth

Figaro Culinary Group Inc. (FCG) is carving out its fast-growing Angel’s Pizza brand into a standalone company as part of a corporate restructuring approved by its board—an overhaul aimed at sharpening operational focus and positioning the chain for expansion.

Just in

ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

PITX plans smart transport hub network as terminal nears capacity

From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.

Marcos confirms Aguda resignation, rules out Dizon transfer 

President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.
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