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PCC lifts deal thresholds, sharpens focus

The Philippine Competition Commission has raised merger notification thresholds effective March 1, easing compliance for smaller transactions while concentrating oversight on deals with greater potential to reshape competition.

PCCI urges Philippine defenses vs oil shock

The Philippine Chamber of Commerce and Industry has urged swift and decisive action as geopolitical tensions following US and Israeli military strikes on Iran rattle global markets and threaten to derail the Philippines’ fragile recovery.

RCBC plans P5B ASEAN Sustainability Bonds

Rizal Commercial Banking Corp., the country’s 6tyh largest lender, plans to raise a minimum of P5.0 billion through fixed rate peso denominated ASEAN Sustainability Bonds, with an oversubscription option, marking the ninth drawdown under its P200 billion Bond and Commercial Paper Program.

PXP Energy narrows focus amid losses

PXP Energy Corp. posted a core net loss of P50.2 million for full year 2025, widening from P33.3 million in 2024, as lower output from the Galoc Field, softer crude prices, and higher financing and foreign exchange related charges weighed on performance.

UnionBank profit rebounds in 2H

Union Bank of the Philippines, the country’s 10th largest lender by asseets, closed 2025 with net income of P10.0 billion, as second half earnings more than doubled, rising 108 percent from the first half. The rebound was driven largely the bank’s lending activity, including the acquired Citi consumer business, which gained traction through the year.

Just in

Impact Investment Exchange raises $92M for women-focused climate projects

Singapore-based Impact Investment Exchange (IIX) has raised a total of $92 million from two tranches of its Women’s Livelihood Bond 7 (WLB7), aimed at supporting about one million women and girls in Asia.

LTO tops complaints list, ARTA reports surge

The Land Transportation Office (LTO) has emerged as the most complained-about government agency as of March 31, according to Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez. The latest figures show that LTO has overtaken the Food and Drug Administration (FDA), which previously held the top spot and has now slipped to third place.

Torre Lorenzo breaks ground on Davao Crest Suites

Business and leisure converge in Davao City as Crest Suites at Tierra Davao, the latest hospitality development of Torre Lorenzo Development Corporation (TLDC), officially breaks ground, marking a strategic expansion of the company’s hospitality footprint beyond Metro Manila.

Fortinet report warns cybercrime is faster, smarter, and driven by AI

Cybersecurity tech and research leader Fortinet has released its latest global threat report, showing that cybercrime is becoming more organized, faster, and increasingly powered by artificial intelligence.
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