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Metrobank gets mandate to manage P1.5-B SSS balanced fund

Banking & Insurance Context.ph Context.ph -
Metrobank Trust, the trust banking arm of Metropolitan Bank & Trust Co. (Metrobank), has been selected by state-pension fund Social Security System (SSS) to oversee a P1.5 billion balanced fund. 

PLDT, Smart back government ‘eLGU’ push

Transport & Logistics Context.ph Context.ph -
Leading integrated telco network PLDT Inc (PLDT) and its wireless unit Smart Communications, Inc. (Smart) have reiterated their support for the government's push to help more local government units digitalize and streamline their processes.

DITO confidently forecasts hurdling fifth and final NTC audit in July

Transport & Logistics Context.ph Context.ph -
DITO Telecommunity Corp. is confident of passing the fifth and final National Telecommunications Commission's (NTC) performance audit set in July 2024.  DTO chief technology officer...

Balai ni Fruitas net profit bolstered by expansion, higher same store sales

Corporate Context.ph Context.ph -
Balai ni Fruitas Inc., a listed counter service bakery operator, said Thursday net profit last year surged 58 percent to P59 million, reflecting higher revenue higher same store sales on account of increased foot traffic in shopping malls, opening of more stores, and the introduction of new products.

Popular brokers eToro have no business selling its services in the Philippines

Corporate Context.ph Context.ph -
The brokerage firm eToro regulated by authorities n the United Kingdom, Europe, Australia, Gibraltar and the US has no business selling its services in the Philippines, the Securities and Exchange Commission (SEC) said on Wednesday.
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DOF targets cheaper remittances, faster development financing

Finance 0
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

Transport & Logistics 0
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

Economy 0
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 0
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.
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