Mega ICBC backs Asialink with ₱120M for MSME lending
Asialink Finance Corp. has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co. Ltd (Mega ICBC) that strengthens its capacity to extend timely and inclusive financing to micro, small, and medium enterprises (MSMEs) across the Philippines.
CPG raises dividends amid strong 2024 growth
Century Properties Group, Inc. said it has enhanced its dividend policy to showcase the company’s improved financial performance, with regular dividend rate doubled to 20 percent of consolidation net income for common shares. Additionally, CPG has declared a 5 percent special cash dividend for 2025.
BSP rate cut seen in response to slowing GDP
The monetary authorities are projected to execute a follow-up interest rate cut when the policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) meets on Thursday this week.
JNEC expands retail reach with La Rose Noire deal
The energy firm Jin Navitas Electric Corp. (JNEC) has been selected as retail electricity supplier for the La Rose Noire’s manufacturing facility in Clark, Pampanga, the companies announced Sunday.
Biofuels delay sparks rift among coconut industry leaders
The proposed suspension of the B4 biodiesel blend rollout, raising the coco methyl ester (CME) content in diesel from 3 percent to 4 percent by October 2025, has triggered mixed reactions among coconut industry stakeholders, underscoring tensions between energy policy goals and economic pressures.
