Arthaland unit to acquire Makati property for P1.49B
Arthaland Corp. said on Tuesday that its wholly owned subsidiary, Zileya Land Development Corp., is acquiring condominium units in the Mid-Land Mansions property from ISOC Land Inc. for a total consideration of P1.49 billion.
Thrift banks post loan growth just under 15 percent in 2024
The Chamber of Thrift Banks (CTB) on Tuesday reported strong financial performance for the thrift banking sector in 2024, underscoring its expanding role in inclusive finance and SME support. As of year-end, total assets reached ₱1.10 trillion, marking a 6 percent increase year-on-year.
Smuggled onions, fish seized in P34M Manila Port bust
Over P34 million worth of misdeclared agricultural products from China were intercepted at the Port of Manila by the Bureau of Customs (BOC) and the Department of Agriculture (DA), marking one of the first major test cases under the new Anti-Agricultural Economic Sabotage Act.
PLDT recalibrating leadership lineup, SVP-COO advisor exits
PLDT Inc., the country’s largest integrated telecommunications group, announced Tuesday the “separation from service” of Senior Vice President Jeremiah de la Cruz, who had recently been appointed—on May 16—as senior adviser to the company's Chief Operating Officer Menardo G. Jimenez.
BSP highlights credit surety funds as key to MSME financing
The Bangko Sentral ng Pilipinas (BSP), in partnership with the Cooperative Development Authority (CDA), is spotlighting the impact of credit surety funds (CSFs) in improving micro, small, and medium enterprise (MSME) access to financing.
