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GT Capital earns A-minus rating from Japan agency

GT Capital Holdings Inc. has secured its first investment-grade foreign currency issuer rating from the Japan Credit Rating Agency, a milestone expected to broaden the conglomerate's access to Japanese capital and diversify its funding sources.

BSP issues new AI governance principles for financial entities 

The Bangko Sentral ng Pilipinas (BSP) has introduced a new set of voluntary governance principles to guide BSP-supervised financial institutions (BSFIs) in safely adopting artificial intelligence. Issued in June under Memorandum No. M-2026-031, the framework helps institutions innovate and improve customer service while protecting consumers, managing risks, and maintaining trust in the financial system.

Airport City opens doors at Clark

The Luzon International Premiere Airport Development (LIPAD) Corporation has officially launched the Clark AeroDistrict, marking the debut of the country’s first world-class airport city.

Marcos satisfaction rating improves, remains in red

President Ferdinand Marcos Jr.'s public satisfaction rating improved in June but remained in negative territory, according to the latest Social Weather Stations survey. The poll found 38 percent of adult Filipinos satisfied with the President's performance, 45 percent dissatisfied, and 17 percent undecided, yielding a net satisfaction rating of negative 7, classified by SWS as "neutral." The result marked an eight-point improvement from the record-low negative 15 posted in March, driven by gains across all major geographic areas and among most demographic groups, although Metro Manila and Mindanao continued to post negative net satisfaction ratings.

IBPAP warns insider fraud threatens outsourcing industry’s credibility

The Information Technology and Business Process Association of the Philippines (IBPAP) is calling for tougher action against insider cybercrime, warning that fraudulent acts committed by a small number of employees could damage the country's reputation as one of the world's leading outsourcing destinations.

Just in

7-Eleven targets 5,000 stores, shrugs off discounters

Philippine Seven Corp., operator of 7-Eleven convenience stores, is pressing ahead with aggressive expansion despite the rapid growth of hard-discounters, confident that its convenience-store format remains sufficiently differentiated to withstand the new competition.

New Manila International Airport engineered for flood resilience, built to protect commuters and communities

San Miguel Aerocity Inc. (SMAI), developer of the New Manila International Airport (NMIA), on Thursday confirmed the project incorporates robust, long-term flood mitigation engineering designed to protect both the airport and surrounding towns from Bulacan’s well-documented flooding risks—while clarifying the airport is not the cause of recent floods.

McDonald’s, COREnergy expand power deal in VisMin

McDonald’s Philippines is expanding its electricity supply partnership with COREnergy to 23 more restaurants in the Visayas and Mindanao, seeking to lower power costs and make a major operating expense more predictable as it grows its nationwide network.

BPI first PH universal bank to bag dual global data security, privacy certifications

The Bank of the Philippine Islands (BPI) has become the country’s first universal bank to earn both ISO/IEC 27001:2022 (information security) and ISO/IEC 27701:2019 (data privacy) certifications, underscoring its commitment to protecting customer information amid growing digital transactions.
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