The Economic Development Group, chaired by Secretary Frederick D. Go, supports extending the Rice Competitiveness Enhancement Fund until 2030 and increasing its annual budget to P15 billion from the current P10 billion.
AREIT Inc., the listed real estate investment trust of the Ayala Group, and Buendia Christiana Holdings Corp. have finalized a property-for-share swap valued at P6.77 billion.
Manila Electric Co. subsidiary Meralco Industrial Engineering Services Corp. (MIESCOR) has been tapped to design and construct the critical infrastructure that will connect the Terra Solar project to the Luzon grid.
PAGCOR-regulated gaming platform Buenas PH has launched a sports and wellness campaign aimed at promoting physical activity, digital moderation and responsible gaming among Filipino online gaming communities.
The Bureau of Internal Revenue (BIR) has established a mechanism for electronic notaries public to comply with documentary stamp tax (DST) requirements, addressing a key regulatory hurdle in the nationwide rollout of electronic notarization for property and corporate transactions.
The Bank of the Philippine Islands (BPI) has named consumer banking chief Maria Cristina “Ginbee” L. Go as the incoming president and chief executive officer, the first female to hold the leadership spot in one of the Philippines’ oldest and largest banks.
The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.