Manulife Philippines, the local arm of Canadian financial services giant Manufacturers Life Insurance Co., has been named Outstanding Digital CX – Life Insurance winner at the Digital CX Awards 2024 in Singapore, a prestigious recognition organized by The Digital Banker.
Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.
The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.
MSpectrum Inc., the renewable energy arm of Manila Electric Co. (Meralco), is deepening its collaboration with Southeast Asia Retail Inc., the operator of Landers Superstore, with the rollout of two new solar rooftop installations in Cebu and Quezon City.
Global Ferronickel Holdings Inc. (FNI), one of the country’s leading nickel producers, posted a 1,567 percent surge in net income for the first quarter of 2025 totaling P177.3 million, from just P10.63 million a year earlier, as higher shipment volumes and stronger nickel prices buoyed performance.
The Bureau of Immigration (BI) is intensifying the campaign against human trafficking, warning of increasingly deceptive schemes targeting outbound Filipino travelers. Commissioner Joel Anthony Viado said that 2025 will mark a year of modernization for the agency, including upgraded screening technology, streamlined processes, and strengthened legal frameworks to enhance border security and protect Filipinos.
The Department of Transportation (DOTr) has terminated its contract with the BFC-FDSC Consortium—comprising BF Corp. and Foresight Development and Surveying Co.—due to excessive delays in the construction of the Unified Grand Central Station, also known as the Common Station.
Flag carrier Philippine Airlines (PAL) had been rated the most punctual airline in Asia-Pacific for April 2025, according to London-based aviation analytics firm Cirium. The airline posted an on-time performance (OTP) of 86.07 percent, outperforming the regional average of only 81.01 percent and outpacing all North American carriers in the same period.
Alleged continued inaction by port authorities in Eastern Visayas have sent transport and trade and commerce authorities in Region 8 looking for solutions to the chaos created by the closure of the San Juanico Bridge to vehicular traffic exceeding three tons.