Wednesday, 17 September 2025, 1:21 am

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    LBC fully settles USD39M convertible bond obligation

    LBC Express Holdings Inc. has completed the full settlement of its outstanding obligations with CP Briks Pte. Ltd., covering the remaining principal amount of USD39 million plus accrued...

    Maxicare modernizes dental care workflow with AI

    Salesforce, the global leader in AI-powered CRM, announced on Tuesday that Maxicare Healthcare Corporation, the country's top health maintenance organization (HMO), has implemented Agentforce in Service Cloud to automate and improve its dental Letter of Authorization (LOA) processes.

    Globe Accelerates Tower Expansion in Bulacan

    Globe Telecom is ramping up its telecom tower builds across Bulacan, aiming to meet the surging demand for reliable connectivity in one of the country’s fastest-developing provinces. This infrastructure push supports Bulacan’s ambition to become a first-world province by 2040, positioning digital access as a cornerstone of economic and social progress.

    PH bonds near inclusion in key global index

    The Philippines is now in the final review phase for potential inclusion in J.P. Morgan’s Government Bond Index for Emerging Markets (GBI-EM), a move seen by the Bangko Sentral ng Pilipinas (BSP) as a major step toward attracting more foreign investment and deepening local capital markets.

    Andrew Tan’s Travellers targets 2026 for new resort builds

    Travellers International Hotel Group Inc., the gaming and leisure company controlled by tycoon Andrew Tan, announced it will begin construction of two major gaming facilities in Mactan, Cebu and Boracay Island, Aklan by next year, with a combined investment of $700 million.

    Just in

    BSP deploys new anti-scam law to probe flood control corruption accounts

    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.

    PAL tops Asia-Pacific for on-time performance in August

    Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.

    Grab faces new oversight in driver incentives

    Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.
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