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Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

DA rejects auction of seized Vietnamese rice, pushes donation to DSWD instead

Agriculture Secretary Francisco P. Tiu Laurel Jr. has firmly opposed plans to auction thousands of metric tons of seized Vietnamese rice, warning the move could let those behind its illegal entry earn from the shipment.

Just in

Weak peso makes case for sharp interest rate hikes-BPI

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

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.

CHP cement plants recycle 50 million liters of water annually

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.

PhilWeb investee JKS secures exclusive MegaWin gaming deal

PhilWeb Corp., a listed gaming company, is expanding its footprint in the Philippines’ regulated digital gaming market after investee JKS Tech Solutions secured an exclusive partnership with international gaming content provider MegaWin.
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