Cebuana Lhuillier drives shift from access to active finance use
Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.
Customs fast-tracks digital shift in air cargo
The Bureau of Customs (BOC) is ramping up the rollout of the Electronic Airway Bill (e-AWB) under Commissioner Ariel F. Nepomuceno, signaling a more aggressive push to digitize export processing and modernize the country’s trade infrastructure.
STI 9-month net income steady at P1.6B; Q3 earnings drop on accounting shift
STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.
JNEC to supply power to Manila Ocean Park, eyes expansion to other sites
Local power company Jin Navitas Electric Corp. (JNEC) will serve as the official retail electricity supplier of Manila Ocean Park under a two-year agreement, with an option to extend.
EastWest shifts to customized solutions with the launch of Horizons Club
East West Banking Corp.(EastWest) has introduced the EastWest Horizons Club, a specialized banking program designed for emerging affluent Filipinos. This new offering combines personalized financial guidance with lifestyle privileges and priority services, marking the bank’s shift away from generic products toward solutions that match how customers today live, earn, save, and invest.
