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San Miguel Corporation (SMC) recorded a massive surge in its underlying financial health during the first half of 2026, driven by expanding energy sales and higher fuel revenues even as high living costs weighed on everyday consumer spending. The conglomerate reported a 48 percent leap in consolidated core net income to P54.2 billion, alongside a 34 percent surge in total revenues to P964.1 billion. The operational gain underscores SMC’s expanding footprint in the national economy, reinforcing its capacity to maintain long-term investments in critical energy, transportation, and agricultural infrastructure.

The Bangko Sentral ng Pilipinas (BSP) conducted a briefing on the country’s foreign exchange (FX) regulations on July 6, 2026. The activity forms part of the central bank’s efforts to promote sound market practices and strengthen compliance with existing FX guidelines.

Mindanao-based homegrown retailer EMCOR (Engineering and Machinery Corporation) has partnered with leading digital finance platform GCash to roll out integrated digital payment services across all 174 of its branches nationwide, bringing greater convenience and financial flexibility to customers across Palawan, the Visayas, and Mindanao.

The Department of Information and Communications Technology (DICT) will formally adopt the Scam Watch Pilipinas Anti-Scam Quad Model as the country’s official national strategy for anti-scam education and public awareness, establishing a unified framework to guide public action and cross-sector collaboration in preventing fraud.

Converge Global Business, the enterprise arm of Converge ICT Solutions Inc., has signed a key partnership with Ormoc-based Virtual Staffing Solutions (VSS) to power VSS’s expanding local and global operations with high-speed, secure pure fiber connectivity.