Three courts in General Santos City, South Cotabato have convicted former officers of the closed Sarangani Rural Bank, Inc. (SRBI) for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB), the General Banking Law of 2000, and the Revised Penal Code.
Vista Land & Lifescapes Inc. said Tuesday it set the interest rate for its Philippine peso-denominated fixed-rate bond at 7.5426 percent due December 2026 series F and 7.6886 percent for the bond due December 2028 series G.
Philex Mining Corp. said Tuesday that its wholly-owned subsidiary, Silangan Mindanao Mining Co. Inc, has signed a USD100 million debt facility with a syndicate of banks led by BDO Capital and Investment Corp.
SN Aboitiz Power Group (SNAP) signed a memorandum of agreement (MOA) with the National Power Corp. (NPC) for the adoption of a 1,000-hectare watershed area within a 2.5-kilometer radius from the Ambuklao and Binga reservoirs in Benguet.
Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.
Filinvest Land, Inc. (FLI) has partnered with East West Banking Corporation to introduce a new financing program aimed at making homeownership more affordable and accessible.
PhilRice provided 4.42 million bags of high-yielding, climate-resilient rice seeds under the RCEF program for the 2025 wet and 2026 dry seasons, reaching over 119,000 farmers.
Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.