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Manuel M. Lopez Passes Away

Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.

Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.

Sunlight Air, BillEase announce partnership offering cardless Fly Now, Pay Later 

Domestic boutique charter airline Sunlight Air and consumer finance app BillEase are partners in a venture enabling tourists to book flights and pay later even without a credit card.

PLDT, Smart thwart 17 billion attempts to open malicious sites, block 400 million fraudulent text messages

PLDT and Smart have intensified their anti-cybercrime efforts and clamped down on illegal activities perpetrated over their text messaging or SMS and online platforms. 

DA sans agreement stops selling lower priced onions

The Department of Agriculture will temporarily stop selling lower priced onions at its Kadiwa rolling stores starting Friday due to the absence of an...

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Singapore-backed AC Health expansion to create 10,000 jobs 

Singapore-backed private equity firm ABC Impact is doubling down on its investment in Ayala Group's AC Health, with the healthcare expansion expected to create around 10,000 direct jobs across the Philippines by 2027 while accelerating the rollout of hospitals, clinics, and pharmacies nationwide.

Government raises P1B from Makati property sale 

The government has raised P1 billion from the sale of state-owned condominium units and parking slots in Makati, giving a fresh boost to its privatization program as it looks to unlock more value from idle assets and generate additional non-tax revenues.

Jollibee Group Foundation wins top social sustainability honor at 2026 Philippine Leadership Awards

Jollibee Group Foundation has been named the Best Social Sustainability Initiative recipient at The Philippines’ Leadership Awards 2026. The award was presented during a ceremony held on June 26 at Dusit Thani Manila.

Global Dominion posts record 2025 results, targets wider MSME support

Global Dominion Financing, Inc. (GDFI) rounded 2025 with record performance, reporting total assets of P18.6 billion, up 32 percent from 2024, and net income rising 10 percent to P882 million. Total revenue reached P5.12 billion, while net customer loans hit P16.24 billion and total equity more than tripled to P4.27 billion. The firm lent P11.82 billion to 28,985 borrowers nationwide, with business and personal loans seeing strong growth. Under new president and CEO Samuel Cariño, who took office in June 2026, GDFI will expand its digital tools including its award-winning MyLoans App and AI systems, alongside its 196 branches across the country, to better serve underserved Filipino entrepreneurs and small businesses.
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