The Department of Environment and Natural Resources (DENR) on Thursday ordered the deployment of a survey vessel to help locate the motor tanker Terra Nova which sank off the coast of Limay, Bataan in Manila Bay.
Yuchengco-led PetroGreen Energy Corporation’s (PGEC) operating units, PetroWind Energy Inc. (PWEI), Maibarara Geothermal, Inc. (MGI), and PetroSolar Corporation (PSC) were recognized for their corporate social responsibility projects in the 2024 LCF Awards organized by the League of Corporate Foundations (LCF).
Harbor Star Shipping Services Inc., a company that trades on the stock exchange under the symbols TUGS, said it has been hired to salvage M/T Terranova, a tanker that sank off the coast of Bataan.
The outcome of the Q2 2024 Senior Bank Loan Officers’ Survey (SLOS) show most banks keeping their credit standards unchanged for loans to businesses and consumers based on the modal approach. But the diffusion index (DI) method indicated a net tightening of credit standards for business loans and unchanged lending standards for household loans.
Globe Telecom Inc., the financial technology and communications arm of the Ayala Group, has completed the settlement of its tender offer for outstanding USD600 million 4.2 percent senior perpetual capital securities, marking a significant step in active balance sheet management.
The Philippine National Bank (PNB) reported a net income of ₱6.37 billion in the first quarter of 2026, up 5 percent from a year ago, driven by steady growth in its core businesses.
Manila is set to host a milestone for regional economic cooperation as the fourth Steering Committee Meeting of the Luzon Economic Corridor convenes in May 2026, gathering senior officials from the Philippines, the US, and Japan to accelerate implementation of the flagship initiative.
In a post-crisis digital economy, customers are no longer swayed by brand promises alone—they’re watching how businesses respond in real time when something goes wrong. The new trust metric isn’t messaging but momentum.