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GoTyme Bank expands share ownership to nearly all staff, setting new industry standard

GoTyme Bank, a partnership between the Gokongwei Group and Tyme Bank, announced on Thursday that it will broaden its share ownership program to include all eligible employees in good standing. This move marks a major shift in the local banking industry, where such benefits are traditionally limited only to top executives.

AI-driven cyber threats pose major risks to financial stability: IMF

Artificial intelligence is reshaping financial system security—both as a defense tool and a growing threat, according to analysis from the International Monetary Fund (IMF). Advanced AI now lets attackers find and exploit digital vulnerabilities faster and cheaper, raising risks of widespread, simultaneous breaches across interconnected financial systems.

AdventEnergy expands in Mindanao with new power deal for cold storage

AdventEnergy, the retail arm of Aboitiz Power Corporation, has secured an 896-kilowatt power supply contract with Viking Cold Storage Inc., strengthening its presence in Mindanao’s fast-growing cold chain industry.

Alliance Global posts higher profit amid uncertainty

Alliance Global Group Inc. (AGI) reported a 6 percent increase in first-quarter net income, supported by stronger residential sales, rising leasing revenues, improving hotel operations, and an early recovery in liquor demand despite uncertain economic conditions.

IABC Philippines names new leadership team for 2026–2028

IABC Philippines has officially announced its new Board of Trustees for the 2026–2028 term, approved by its members to lead and advance the business communication profession in the country.

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Jollibee opens new Manhattan store, grows North America presence

Jollibee has opened its third store in Manhattan, New York, located at 14 East 42nd Street near Grand Central Station. Launching last March 31, 2026, the outlet serves customers daily from 9:00 AM to midnight, offering dine-in, take-out, online orders, and catering services.

RLC breaks ground on FedEx logistics hub in Clark, expands industrial portfolio

Robinsons Land Corp. (RLC), through joint venture RL Clark Logistix Inc. (RCLX) with Asian Infrastructure Holdings Corp. (AIHC), has started construction of a dedicated logistics facility for FedEx at Clark International Airport in Pampanga. RLC holds an 85 percent stake in RCLX, while AIHC owns the remaining 15 percent. The project is coordinated with key government and airport bodies: BCDA, Clark Development Corp., and airport operator LIPAD.

BSP pushes PERA adoption, cites tax benefits and economic gains

The Bangko Sentral ng Pilipinas (BSP) is urging businesses to offer the Personal Equity and Retirement Account (PERA) program to employees, highlighting major tax incentives and wider economic benefits.

Filinvest Land sees strong residential sales momentum

Filinvest Land Inc., the property development arm of the Gotianun Group, reported a 62 percent surge in March sales reservations to P2.7 billion, compared to the same month last year. 
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