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SEC mandates OARS for all new fundraising registration filings

The Securities and Exchange Commission (SEC) will require all companies raising capital in the equities and debt markets to file registration statements exclusively through its Online Application for Registration Statements (OARS) platform, under Memorandum Circular No. 24.

Lenovo rises 43 spots to #153 on Fortune Global 500, all-time high

Lenovo has climbed 43 places to rank 153rd on the latest Fortune Global 500 list, marking the highest position in the company’s history and one of its most notable advancements in recent years.

Levanta Renewables secures ₱6.2-B funding for 166-MWp Iloilo solar-plus-storage facility

Singapore-based Levanta Renewables has reached financial close on its 166-megawatt peak solar power plant paired with an 80-megawatt-hour battery energy storage system in Barotac Viejo, Iloilo, sealing the ₱6.215-billion co-financing deal with Philippine National Bank during an August 5, 2026 ceremony at Makati Shangri-La.

PMFTC says BIR crackdown curbs illicit cigarette trade

Philip Morris Fortune Tobacco Corp. (PMFTC) said intensified enforcement by the Bureau of Internal Revenue (BIR) and other government agencies has helped reduce illicit cigarette trade, potentially limiting tax leakages from untaxed tobacco products.

PSA, GCash bring National ID, finance closer communities

The Philippine Statistics Authority (PSA) and GCash are bringing National ID registration and digital financial services closer to communities, seeking to remove a key barrier keeping millions of Filipinos outside the formal financial system.

Just in

NFA boosts rice stocks, advances modernization at 54

The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.

NTC fines 3 Telcos over poor Metro Manila broadband service 

The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.

East Asian languages catch fire in Indonesia

Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.
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