New Islamic banking unit opens in Manila
Maybank Philippines, Inc. has started its Islamic banking operations and has become the country's third lender operating under the shari'ah principles.
Globe completes service restoration in storm-hit provinces
Globe has completed restoration of call, text and data services in provinces stricken by Tropical Storm Enteng, providing critical connectivity for recovery efforts in the wake of the weather event.
Outstanding national government debt rises to P15.69 trillion in July
The National Government's outstanding debt reached P15.69 trillion as at end-July 2024, up by P206.49 billion or 1.3 percent from June due to net issuances of domestic and foreign debt.
Benguet Corp updates mortgage agreements with Philippine Veterans Bank
Benguet Corp. signed on Wednesday an amendment to its Mortgage Trust Indenture and Deed of Chattel Mortgage with the Philippine Veterans Bank which marks a significant shift in the listed mining company's financial management, as it replaces Philippine National Bank with PVB as the successor trustee.
Supreme Court validates termination of energy contracts based on change of circumstance
San Miguel Corp. (SMC) on Tuesday reported securing Supreme Court affirmation allowing subsidiaries Sual Power Inc. and South Premiere Power Corp. (SPPC) to revoke their power supply agreements (PSAs) with the Manila Electric Co. (Meralco) due to change of circumstances.
