SEC penalizes online lender P1 million for predatory rate and collection practices
The Securities and Exchange Commission has imposed a P1 million penalty on Inclusive Credit Lending Inc. for charging excessive interest rates and carrying out improper debt collection activities.
SIDC taps Nextbank to speed digital banking shift
The country's largest agricultural cooperative is accelerating its digital transformation, with Sorosoro Ibaba Development Cooperative (SIDC) partnering with Nextbank to modernize its financial operations and expand digital banking services for more than 81,000 members nationwide.
Manufacturers urge Marcos to cut business costs faster
The Federation of Philippine Industries (FPI) is urging President Ferdinand R. Marcos Jr. to use his upcoming State of the Nation Address (SONA) to accelerate economic reforms, arguing that the country's recent elevation to upper middle-income status should mark the beginning, not the culmination, of its competitiveness drive.
PAL bets on widebody fleet in global competition step-up
The Philippine Airlines is set to compete more aggressively in key international markets through a large-scale fleet expansion and modernization program.
Better roads drive local enterprise expansion
NLEX Corporation on Friday said it stays dedicated to building infrastructure that improves travel and supports economic expansion across the regions, pointing to the Subic-Clark-Tarlac Expressway (SCTEX) as a key driver of business growth in Central Luzon.
