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BMAP names 2023-2024 Board of Directors

The Bank Marketing Association of the Philippines (BMAP) has announced its recently elected 2023 Board of Directors.

Standard Chartered Bank supports youth empowerment through agriculture

Standard Chartered Bank (SCB) has partnered with the Pampamilyang Paaralang Agrikultura Foundation Inc. to launch the SCB Youth for Sustainable Agriculture Development.

UnionBank names new leaders at CitySavings, UnionDigital

City Savings Bank (CitySavings) recently announced the appointment of Ana Aboitiz Delgado as the new chairman of the Board of the thrift banking arm of the Aboitiz-led Union Bank of the Philippines.

Cemex Holdings suffers P1B net loss in 2022 on weak cement demand, FX losses

Listed cement manufacturer Cemex Holdings Philippines Inc. said Tuesday it suffered a P1-billion net loss in 2022, with higher cement prices not enough to offset the decline in sales volume, higher fuel cost, and foreign exchange losses.

Oriental Peninsula affiliate signs power deal with Marubeni 

Oriental Peninsula Resources Group Inc., which trades on the stock exchange under the symbol ORE, said Tuesday one of its affiliate, Oriental Energy & Power Generation Corp., has signed an agreement with Japan’s Marubeni Corp. for the development of renewable energy sources in the Philippines. 

Just in

Philippines leads ASEAN push to cut trade barriers

The Philippines is using its 2026 ASEAN chairship to push a more predictable regional trading environment, with lower trade barriers, faster customs processes and deeper digital integration emerging as priorities for businesses across Southeast Asia.

Starlink seeks NTC nod for two data transmission roles under Konektadong Pinoy rules

Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.

DigiPlus turns first Brazil revenue; maps more expansion beyond Asia

DigiPlus Interactive Corp. has started generating revenues from its Brazil operations, marking a key milestone in the firm’s push beyond Asia.

Aznar Shipping earmarks P504M for 2 RoRo vessels in 2027

CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.
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