Friday, 01 August 2025, 6:32 am

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    ACEN secures $107M financing package from ADB, parallel lenders

    ACEN and its partner, the BIM Group, have secured a financing package worth $107 million from the Asian Development Bank (ADB) and parallel lenders...

    Income-while-playing-games and other fraudsters attract regulators

    The Securities and Exchange Commission has let out a warning against three entities allegedly engaged in unauthorized solicitation of investments without the necessary license. In...

    Unlicensed preneed and insurance firms earn IC ire for unauthorized products

    The Insurance Commission (IC) recently issued cease and desist orders (CDOs) against entities found to have conducted business without the necessary license. One of the...

    Tugon Kabuhayan offers private-sector help to stop chronic food smuggling

    Food security and livelihood advocacy group Tugon Kabuhayan on Tuesday offered to help the government stop the chronic smuggling of food products that has depressed local production and kept food prices...

    Seized sugar should be sold in Kadiwa stores – SRA

    The Sugar Regulatory Administration (SRA) is seeking authority from Malacanang for the sale of 80,000 bags of confiscated sugar at the various Kadiwa rolling...

    Just in

    TikTok loans target financing gap for small sellers

    TikTok Shop and GoTyme Bank on Thursday launched TikTok Shop Loans, a fast and flexible financing service tailored specifically for micro, small, and medium enterprises (MSMEs) in the Philippines.

    Mobile energy systems boost AFP’s emergency operations

    The Department of Energy (DOE), in partnership with USAID-Energy Secure Philippines and the Hawaii Natural Energy Institute, officially handed over three mobile energy systems (MES) to the Armed Forces of the Philippines (AFP) to enhance energy access during critical operations and emergencies.

    Non-bank finance players deepen economic reach

    The other financial corporations (OFCs), a key segment of the Philippine financial system outside traditional banks, insurers, and pension funds, expanded their domestic assets to ₱10.6 trillion in the first three months this year, reflecting a 4.9 percent increase quarter-on-quarter and a robust 14.6 percent growth year-on-year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).

    Agri damage from typhoons, monsoon hits P3B

    Damage to agriculture from the combined effects of Typhoons Crising, Dante, and Emong, along with the southwest monsoon (habagat), has reached ₱3 billion, according to a 31 July advisory from the Department of Agriculture (DA).
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