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GSIS posts P311 billion revenue in 2023; net income reaches P113.3 billion

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.

Budget airline rolls out 3,000-seat sale for only P1

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.

Korea partner a positive influence on SMC bid to rehabilitate NAIA

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.

Loan aggregator partners with SME-oriented finance company

FundSpace, a homegrown loan aggregator under 917Ventures, has partnered with Global Dominion Financing, Inc. (GDFI) to provide financing solutions to small and medium enterprises...

Meralco invests P280M for new switching station for Metro Manila Subway

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.

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ERC maps 5-year push toward household power choice

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.

PNB, Luna Securities team up to widen digital PERA access for all Filipinos

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.

SSS names Limlingan to First Philippine Holdings board

The Social Security Commission has designated Commissioner Victor Alfonso...

Recognition fuels career growth, retention at Foundever Philippines

Employee recognition does far more than celebrate success. When crafted to honor every stage of a professional journey, it deepens engagement, makes growth visible, and inspires people to reach for what comes next.
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