The Manila Broadcasting Co. (MBC) on Friday bared a new identity as MBC Media Group to keep up with the fast-changing media landscape in the Philippines.
The outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas, grew by 7 percent year-on-year in December 2023, the same rate of increase a month prior. On a month-on-month seasonally-adjusted basis, outstanding universal and commercial bank loans, net of RRPs, increased by 0.3 percent.
The Department of Agriculture will distribute vegetable seeds in Western Visayas and procure planting materials for high value crops that need less water for Zamboanga Peninsula to help thousands of farmers cope with the damage and losses caused by El Niño.
MPCALA Holdings Inc., operator of the Cavite-Laguna Expressway (CALAX), is implementing new toll rates at the Silang (Aguinaldo) Interchange beginning 10 February at 12 a.m.
The Manila Electric Company (Meralco) on Thursday announced an upward adjustment of P0.5738 per kWh in the February electricity rate. This brings the overall rate for a typical household to P11.9168 per kWh this month from P11.3430 per kWh in January.
Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.
Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.