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Asialink extends P12.6B in loans, mostly to SMEs, in 2023

Asialink Finance Corp. extended loans over P12.6 billion in 2023 and projects to top it this year as it grows its customer base and resources.

DA cites bureau’s contributions to food production, farm modernization

The Department of Agriculture on Wednesday cited the indispensable role of the Bureau of Plant Industry (BPI) in the government's bid to boost food production and modernize the country’s agriculture sector.

Filinvest Development repays P8.8B, 10Y bond issued in 2014

Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Thursday it has completed the payment of a bond issued it issued in 2014.

Pryce posted record P2.22 billion net income in 2023 on strong LPG sales

Pryce Corp., a listed company with diversified business interests, said Thursday it posted a record net profit of P2.22 billion, fueled mainly by its growing liquefied petroleum gas venture.

GSIS ready to help members, pensioners in Davao affected by flash floods, landslides  

Government Service Insurance System (GSIS) president and general manager Wick Veloso said the pension fund is prepared to extend emergency loan to members and pensioners in Davao Del Norte, Davao de Oro, Davao Oriental and Davao City beset by continuous rainfall, resulting in flash floods and landslides.  

Just in

CIAC delivers best CGC rating in three years

The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.

Inflation surges to 7.2% in Sept., to test BSP policy

Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.

Aboitiz Power sells power barges to MORE Power; Visayas supply, reliability to improve

Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.

AMRO: Philippine rebound hinges on public investment

The Philippines’ economic rebound will depend heavily on how quickly public investment and construction activity recover, with the energy shock and domestic flood-control issues weighing on growth, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
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