NNIC remits P78B to government, invests P6.8B in NAIA overhaul
New NAIA Infra Corp. (NNIC) has remitted P78 billion to the national government and poured P6.8 billion into rehabilitation and modernization works at the Ninoy Aquino International Airport (NAIA) since taking over operations of the country’s main gateway on September 14, 2024, marking substantial early progress under the public-private partnership (PPP) framework.
Manulife, Chinabank renew bancassurance tie; MCBL marks new milestone
Manulife president and chief executive officer Phil Witherington visited Manila recently to meet with Chinabank’s executive leadership, highlighting the deepening long-standing bancassurance partnership between the two firms through Manulife China Bank Life Assurance Corporation (MCBL).
Ayala, BIR team up on AI-powered tax assistant
Ayala Corp. is bringing artificial intelligence into Philippine tax administration through a six-month partnership with the Bureau of Internal Revenue (BIR) to develop an AI-powered assistant designed to help revenue personnel find and verify tax rules faster.
Allianz PNB Life nearly doubles first-half new business
Allianz PNB Life (AZPNBL) nearly doubled new business in the first half of 2026, lifting the insurer to third place in the Philippine life insurance industry as it marked its 10th year of operations.
Philippine egg producers unite to grow cage-free market
Philippine egg producers are joining forces to build the country’s emerging cage-free market, forming the first industry association focused on production as demand grows from hospitality, foodservice, and corporate buyers.
