The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.
SyCip, Gorres, Velayo & Co. (SGV) has advised on a USD406-million renewable energy partnership between Philippine developer SunAsia Energy Inc. and Vietnam-based VinEnergo, a transaction that highlights rising cross-border investment flows into the country’s clean energy sector.
The Department of Justice (DOJ) is stepping up efforts to crack down on illegal real estate activities, signaling a tougher enforcement stance as authorities seek to strengthen market integrity and restore public trust in property transactions.
Financial technology platform Maya has launched Mini Payments, a new feature that lets credit card holders convert eligible purchases into monthly installment plans directly through the app – even after a transaction has already been completed.
Globe Telecom has launched a new 5G network facility at Miriam College, marking another milestone in its effort to support modern education and empower the next generation of learners.
Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.
Liquor maker Emperador Inc. has lowered its capital expenditure budget for this year to P2.4 billion. This is a significant drop compared to previous years, as the company has finished most of its large-scale investment projects.
The Philippines and Lao People’s Democratic Republic have strengthened their bilateral agricultural ties through an updated Memorandum of Understanding (MOU).