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Pru Life UK claims leadership in Philippine life insurance industry in 3Q 2024

Pru Life UK claims continued leadership in the life insurance sector as it topped the Insurance Commission's rankings for new business annual premium equivalent (NBAPE) and total premium Income from variable life insurance products for the third quarter of 2024.

Globe touts success of EO 32, pushes for further streamlining to accelerate telecom growth

Globe Telecom has reported significant improvements in its permits processing, registering a 20 percent increase in the speed and efficiency of approvals from 2022...

Manulife enters CAD5.4B reinsurance deal with RGA

Canada-based Manulife Financial Corp. said it has entered into a CAD5.4 billion reinsurance agreement with Reinsurance Group of America (RGA), including CAD2.4 billion of...

DigiPlus advances in Brazil’s iGaming licensing process

DigiPlus Interactive Corp. said its wholly owned subsidiary, DigiPlus Brazil Interactive Ltda., has passed the qualification stage for a federal license with Brazil’s Ministry...

NLEX Corp. set to open Candaba 3rd Viaduct in December

NLEX Corp. on Wednesday announced the formal opening of the Candaba 3rd Viaduct, a critical five-kilometer bridge linking Pulilan in Bulacan to Apalit in Pampanga,...

Just in

Marcos hikes corn import quota amid projected supply shortfall

President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.

AC Health, US partner plan Pasig hospital project 

Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Isuzu launches D-MAX LS 4×2 AT at P1.549M

Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.
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