Sun Life Grepa Financial Inc., a joint venture between Sun Life Philippines and the Yuchengco Group of Companies, on Thursday reported posting a 17 percent increase in total premium income to P13.5 billion in 2023 from P11.5 billion in 2022.
ENEX Energy Corp., the oil and gas exploration arm of the Ayala Group.’s ACEN Corp., said Thursday its shareholders have approved the increase in its capital to P1.3 billion to create 300 million preferred shares and address the deficit in the company’s shareholder equity.
The fintech firm Tala Financing Philippines Inc. has obtained a P2.75 billion loan from Maya Bank Inc. for lending to clients who are mostly micro loan borrowers.
The Department of Tourism (DOT) is pitching opportunities in healthcare, digital health, rehabilitation, and wellness resorts to foreign investors as the Philippines seeks to establish itself as a regional medical and wellness tourism hub.
Foreign direct investment inflows to the Philippines experienced a visible slowdown from January to July 2026, dropping to a net total of $4.1 billion compared to the levels recorded during the same period last year.
Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the critical need for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia.
For the second week in a row, Filipinos will see mixed changes in fuel prices starting Tuesday. The Department of Energy confirmed Monday that gasoline will go up by P1.56 per liter and kerosene by P1.77 per liter, while diesel will drop by a bigger P3.01 per liter. As of Tuesday morning, only Seaoil has officially announced these new rates, matching the adjustments noted by the DOE. Last week, gasoline rose P1.93 per liter, kerosene P3.30 per liter, and diesel dipped P1.30 per liter.