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BSP completes testing Project Agila

The Bangko Sentral ng Pilipinas and participating financial institutions have successfully completed testing for Project Agila, a pioneering initiative that will enable fund transfers between financial institutions even outside business hours, including evenings, weekends, and holidays. 

ERC to collect P3 billion deferred payments from power consumers

The Energy Regulatory Commission (ERC) has approved the collection of approximately P3.05 billion from power consumers to settle deferred payments due to the suspension...

Australia, Philippines launch social protection program empowering disadvantaged communities

A new initiative aimed at boosting social protection, inclusion, and gender equality in the Philippines officially launched on Thursday in Makati City. The program,...

GSIS honors top LGUs, agencies for safeguarding public assets

The Government Service Insurance System (GSIS) recently recognized 24 local government units (LGUs) and two government agencies for their commitment to protecting public assets during the second Seal of Protection Awards: Pagpupugay sa mga Kaagapay ng GSIS.

SM Prime to open three new malls, overhaul 10 existing centers by 2025

SM Prime Holdings Inc., one of the country's largest shopping mall operators, is set to open three new malls by next year. It also plans launching a redevelopment of at least 10 existing properties.

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URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
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