SMFL expands Philippine footprint with RCBC stake
Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is expanding its Philippine footprint after completing the acquisition of a 30 percent stake in RCBC Leasing & Finance Corp. (RLFC), positioning the Japanese financial services group to tap growing demand for leasing and asset financing.
UP study backs Maharlika fund for chip industry
A University of the Philippines study is urging the government to consider using the Maharlika Investment Fund (MIF) to finance a dedicated semiconductor development fund that could help the Philippines move into higher-value segments of the global chip industry.
DTI targets CARS arrears settlement before EVIS rollout
The Department of Trade and Industry (DTI) is targeting the settlement of outstanding incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program within the year before fully rolling out a new generation of automotive incentives, including the Electric Vehicle Incentive Strategy (EVIS).
CREBA urges housing reforms without hurting supply
The Chamber of Real Estate and Builders’ Associations (CREBA) is pushing for housing reforms that protect buyers while keeping homebuilding commercially viable, warning that excessive regulation and tax uncertainty could ultimately squeeze housing supply.
CHERRY strengthens IP protection as electronics business expands
CHERRY is tightening the protection of its intellectual property as the homegrown electronics brand expands beyond mobile phones into smart home devices and other consumer technologies sold increasingly through e-commerce.
