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 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 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.
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.
Senate President Sherwin Gatchalian is backing the Philippines’ bid to secure the proposed Pax Silica high-technology manufacturing hub, calling the project a “once-in-a-lifetime opportunity” to draw foreign direct investments, create jobs, and build the country’s next major growth engine after business process outsourcing.
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.
Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.
San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.