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Partnership brings easier home loans for TLDC buyers

Torre Lorenzo Development Corp. (TLDC), a leading developer of premium university residences in the Philippines, has partnered with Security Bank Corp. to offer expanded home financing options for property buyers.

Investors seen shifting to long-term bonds on rate cut prospects

Investors may increase allocations to long-term government bonds as expectations rise for a policy rate cut by the central bank, according to Manulife Investment Management. 

LBC Express announces major leadership changes

LBC Express Holdings Inc., a listed money remittance and delivery and logistics services company, announced a major executive transition, with long-time chairman, president, and chief executive officer Miguel Angel A. Camahort set to retire effective October 1.

San Miguel finalizes long-delayed Meralco deal

San Miguel Corp., one of the country’s largest conglomerates, has completed a long-delayed transaction to acquire 1.03 million shares of Manila Electric Co. from the Land Bank of the Philippines.

Globe raises alarm over Konektadong Pinoy Act’s security, regulatory gaps

Globe Telecom has expressed serious concerns over the recently enacted Konektadong Pinoy Act, which lapsed into law on August 24 without the President's signature.

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Philip Morris counts Philippines as key sourcing, manufacturing hub

Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.
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