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EastWest Bank wins dual international finance awards; expands access to wealth & investment options

EastWest Bank has secured two honors from the International Finance Magazine (IFM): Most Innovative Securities Broker – Philippines and Best Priority Banking Experience – Philippines — marking its fourth straight win in the Priority Banking category.

Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal

COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.

Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges

Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.

Agri damage hits P1.73B; TD Neneng now included

Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.

PSE sets Robinsons Retail delisting on Aug 31

Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.

Just in

Security Bank wins ABF awards for digital banking, Terra Solar

Security Bank Corp. and its investment banking arm Security Bank Capital Investment Corp. have won three Asian Banking & Finance Awards 2026, recognizing their digital banking initiatives and role in financing one of the Philippines’ largest renewable energy projects.

Nextbank, MCRBi deepen digital banking push in CALABARZON

Nextbank and Mount Carmel Rural Bank, Inc. (MCRBi) are expanding their partnership to bring mobile banking services to more customers in CALABARZON, giving households and small businesses greater access to digital financial services.

Senate President eyes vape, wealth taxes to offset losses

Senate President Sherwin Gatchalian is looking to raise taxes on vaping products and develop a Philippine version of a wealth tax to offset revenue losses from a proposed repeal of the travel tax while supporting economic growth.

Gilas women rain 3s to end Mexico campaign

The women of Gilas Pilipinas brought a monsoon to Guadalajara, raining 3-pointers and shooting a torrential 70 percent from two-point range to beat Senegal, 79-75, and close their FIBA Women’s Olympic Pre-qualifying tournament campaign with a victory.
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