Several major Philippine banks have complied with the Senate Impeachment Court's subpoena for bank records linked to Vice President Sara Duterte, marking a significant step in gathering documentary evidence for the proceedings. Senator and Impeachment Court presiding officer Francis Escudero said Bank of the Philippine Islands, Philippine Savings Bank, Metropolitan Bank & Trust Co., Security Bank, Land Bank of the Philippines, and BDO Unibank submitted the required documents, although BDO and Security Bank requested additional time to complete their submissions. Escudero also said the Bureau of Internal Revenue turned over Duterte's tax records after obtaining presidential clearance, expanding the evidence now before the court.
International Container Terminal Services Inc. (ICTSI) sustained its growth momentum in the second quarter as newly acquired terminals and resilient cargo demand helped cushion...
ABI Pascual Foods Inc. is urging the government to expand school milk feeding programs, saying wider access to dairy could help close persistent nutrition...
The Regional Comprehensive Economic Partnership or RCEP unlocks a huge regional market for Filipino products, but local makers and sellers must meet higher standards to succeed, business leaders said September 29 at the RCEP Business and Investment Summit.
Security Bank Corp. is reshuffling its senior leadership ahead of 2027, while president and chief executive officer Victor Lee takes interim control of retail banking following the planned departure of segment head Rahul Rasal.
The country’s three major mobile network operators have pledged to work with the National Telecommunications Commission (NTC) following the regulator’s September 24 show-cause order, which threaten daily fines of P100,000 each over persistent poor mobile broadband services in key parts of Metro Manila.
Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.