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RCBC partners with Japan fintech and remittance company Digital Wallet

Banking & Insurance Context.ph Context.ph -
The Rizal Commercial Banking Corp. (RCBC) has partnered with the Japanese IT and fintech company, Digital Wallet Corporation (DWC), to enhance the facilitation of cross-border digital transactions between Philippines and Japan. 

GSIS posts 1Q net income of P37 billion

Banking & Insurance Context.ph Context.ph -
The Government Service Insurance System (GSIS) on Wednesday reported net income of P37 billion in the first three months this year, a 21 percent...

PXP eyes new oil and gas projects as West Philippine Seas dispute rage

Energy & Mining Context.ph Context.ph -
PXP Energy Corp., a listed upstream oil and gas company, said Wednesday it will pursue the development of natural gas prospects around Cebu as well as assess other oil and gas projects within the country as territorial dispute in the West Philippine Sea prevents it from pursuing exploration and drilling activities in the area.

LPG sales fuel net income of Pryce Corp. higher in 1Q

Corporate Context.ph Context.ph -
Liquefied petroleum gas sales, used mainly for cooking, fueled the nearly 40 percent gain in the net income of Pryce Corp. in the  first quarter to P713.7 million.

SM Prime sets P100 billion capex, declares P10 billion cash dividend

Corporate Context.ph Context.ph -
SM Prime Holdings Inc., the property development arm of the Sy Group, said Tuesday it is looking at a P100 billion for capital spending to support various programs for this year and sustain growth.
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Weak peso makes case for sharp interest rate hikes-BPI

Banking & Insurance 0
The continued weakening of the Philippine peso past the 63 per U.S. dollar threshold is intensifying pressure on the Bangko Sentral ng Pilipinas to aggressively tighten monetary policy, with rate hikes now widely anticipated both next week and in December, according to the Bank of the Philippine Islands.

Security Bank Wealth, St. Luke’s launch healthcare concierge service

Corporate Bulletins 0
Security Bank Wealth and St. Luke’s Medical Center have teamed up to launch a concierge healthcare service, giving clients faster, easier access to medical care and more time for what matters.

Haay naku! The fine art of being charged for breathing near your bank account

Opinion 0
Quite a lot of us have had the experience. We open our banking app to send P500 to a godson for his birthday, and the screen politely informs us that this act of generosity will cost us P25. Nakagulat. Five percent of our kindness, gone—not to our godson, not to charity, but to a fee whose only visible purpose is to exist. Haay naku.

CHP cement plants recycle 50 million liters of water annually

Energy & Mining 0
Concreat Holdings Philippines (CHP) is recovering and reusing 50 million liters of water annually across its cement plants in Cebu and Rizal, bolstering efforts to conserve freshwater as climate extremes put pressure on water resources.
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