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New bilateral accord paves way for daily flights between Philippines and Iceland

Travelers and commercial shippers may soon enjoy direct transit options between Southeast Asia and the Nordic region following a landmark aviation deal between Manila and Reykjavik. Representatives from the Philippines and Iceland finalized an initial Air Services Agreement in Iceland, granting each country up to seven flight entitlements per week for both passenger and cargo operations.

Billease secures P1B credit facility from PNB, landmark deal uses PPSR framework

Billease, the fintech brand operated by First Digital Finance Corp., announced Thursday it has signed a P1 billion credit facility with Philippine National Bank (PNB), the lender led by the Lucio Tan group.

Robinsons Land’s Kerwin Tan named CFO of the Year

Kerwin Max S. Tan, chief financial, risk and compliance officer of Robinsons Land Corp. (RLC), has been awarded CFO of the Year at the 25th Global Edition of the Asia Business Leader of the Year Awards in Singapore.

Converge expands Leyte footprint with new business centers in Tacloban, Ormoc

Converge ICT Solutions Inc. has launched two new business centers here in Tacloban and Ormoc, broadening its customer service network across the province of Leyte.

SP Gatchalian pushes Senate reforms to spur investments

Senate President Sherwin Gatchalian is pushing a package of economic reforms aimed at reviving investment, creating jobs, cutting power costs, and easing regulatory bottlenecks, including the creation of a Senate panel to coordinate the measures.

Just in

GAC expands Philippine hybrid push with GS4 MAX

GAC Motor Philippines is widening its hybrid lineup with the launch of the GS4 MAX HEV, offering Filipino families a more accessible entry into electrified mobility as competition in the country’s hybrid vehicle market intensifies.

Dominion Holdings board approves merger with Tampakan Copper-Gold project owner

Dominion Holdings Inc., a company controlled by the Sy family, has secured board approval for a merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., the latter holding voting rights in Sagittarius Mines Inc. — the entity behind the Tampakan Copper-Gold Project in South Cotabato. Widely recognized as Southeast Asia’s largest undeveloped copper and gold deposit, Tampakan carries an estimated gross value reaching $200 billion.

Gilas youth shoots way into U18 quarterfinals

Gilas Pilipinas Youth found its range when it mattered most, firing its way into the quarterfinals of the FIBA U18 Asia Cup in India with a 72-63 victory over Syria on Thursday.

Metrobank expands retail investing through mobile app

Metropolitan Bank & Trust Co., the banking arm of the Ty Group, is widening access to investment products by bringing more wealth-management services into its mobile app, giving customers a simpler path from everyday banking to building investment portfolios.
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