BDO Unibank Inc. (BDO) has committed ₱12.04 billion in financing—35 percent of a ₱34.41 billion loan facility—for ACEN Corporation’s onshore wind power project, poised to become the largest wind facility in the Philippines. The financing is structured under a 15-year term.
The Government Service Insurance System (GSIS) honored government agencies that made the highest payments toward long-overdue social insurance premiums—some dating back to October 2007—during its Stakeholders’ Dialogue held at Sequoia Hotel Manila Bay.
Naga City, Pasig City, and Cauayan in Isabela have been named global finalists in the 2025 Bloomberg Mayors Challenge. They join 47 other cities worldwide selected for ideas that aim to improve how local governments serve their people.
Electricity prices in the Philippines could fall below ₱1 per kilowatt-hour (kWh) by 2050 if all renewable energy (RE) projects under the Department of Energy’s (DOE) Green Energy Auction (GEA) Program are fully implemented, according to DOE undersecretary Rowena Cristina Guevara.
San Miguel Corp. (SMC) has ramped up its reforestation efforts through its employee volunteer initiative, planting or donating a total of 98,296 tree seedlings across the Philippines.
Cyber threats across the Philippines have intensified significantly this year, with more than 9 million user credentials compromised in the third quarter alone, according to the latest Cyber Threat Landscape Report from Viettel Cyber Security (VCS). The figure marks more than double the 4.3 million recorded in the same period last year, bringing the year-to-date total to over 28.3 million—nearly three times the full-year count for 2025.
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.