Thrift banks hailed as pillars of resilience amid strong economic outlook
The Department of Finance (DOF) lauded thrift banks as “anchors of resilience” in the Philippine financial system during the 2025 Annual Convention of the Chamber of Thrift Banks (CTB). DOF undersecretary Domini S. D. Velasquez praised the sector’s role in supporting grassroots communities and sustaining financial momentum during economic shifts.
MRT-3 launches contactless payments via Mastercard
Commuters on the Metro Rail Transit Line 3 (MRT-3) can now pay for their rides using Mastercard credit, debit, and prepaid cards, as the rail system launches its contactless payment option starting today.
Makati Finance declares stock, cash dividends
Makati Finance Corp., a listed lending company, said its board has declared both stock and cash dividends to reward its shareholders.
San Miguel expands ‘backyard bukid’ farms nationwide
San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has expanded its community farming initiative Backyard Bukid to six sites nationwide, with plans to establish at least three new locations annually as part of a broader push to improve food access and support livelihoods in low-income communities.
Agri loss from habagat, Crising, Dante & Emong nears ₱500M
The Department of Agriculture (DA) on Thursday reported that agricultural losses due to the southwest monsoon (habagat) and tropical cyclones Crising, Dante, and Emong have reached ₱454.12 million, based on the latest update from its Disaster Risk Reduction and Management Operations Center.
