Philippine Savings Bank, the thrift banking arm of the Metrobank Group, said it sustained in the first quarter the strong earnings momentum it saw in 2023, with net income in the January-March period rising 23 percent to P1.2 billion on steady expansion of its loan portfolio.
The insurance premium written by the Government Service Insurance System (GSIS) in the first three months this year hit P2.98 billion. This was 12 percent more than only P2.65 billion in premiums written a year earlier. The GSIS General Insurance issued a total 52,644 total policies, with total sum insured amounting to P798.4 billion.
The frequency of high-severity incidents with direct human involvement exceeded two per day in 2023, according to the Kaspersky Managed Detection and Response (MDR) team.
The government has awarded 92 offshore wind (OSW) contracts with potential capacity of 65,049 megawatts (MW) as of 25 March this year, the Department of Energy (DOE) said.
National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.
Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.
Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.
Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.