The Government Service Insurance System (GSIS) reported a 33 percent increase in revenue to P311.3 billion from P234.9 billion, translating to a 70% percent surge in net income from P66.4 billion to P113.3 billion, and a 3,903 percent rise in total income from P3.6 billion to P143.4 billion compared to prior year.
AirAsia Philippines rolled out on Monday its very first local-currency ticket sale in all its domestic and international destinations to encourage more Filipinos to travel.
San Miguel Corp’s bid to modernize Manila's Ninoy Aquino International Airport (NAIA) offers both exciting opportunities and concerning financial implications, CreditSights, a Fitch Solutions company said on Monday.
FundSpace, a homegrown loan aggregator under 917Ventures, has partnered with Global Dominion Financing, Inc. (GDFI) to provide financing solutions to small and medium enterprises...
Manila Electric Co., the largest power distributor in the country, said Monday it is investing P280 million to develop a new switching station to ensure stable power supply for the Metro Manila Subway project, the country’s first underground train system.
The Energy Regulatory Commission (ERC) is laying the groundwork for a major expansion of consumer choice in the Philippine electricity market, with household customers potentially able to choose their power supplier by 2031.
The Philippine National Bank and Luna Securities Inc. have partnered to expand digital access to the Personal Equity and Retirement Account or PERA program, making retirement investing simpler and more reachable nationwide. Through PNB’s Trust Banking Group and Luna—an accredited PERA Administrator—investors can now open, manage, and redeem PNB PERA products entirely via Luna’s digital platform, no branch visit needed.
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