The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.
SyCip, Gorres, Velayo & Co. (SGV) has advised on a USD406-million renewable energy partnership between Philippine developer SunAsia Energy Inc. and Vietnam-based VinEnergo, a transaction that highlights rising cross-border investment flows into the country’s clean energy sector.
The Department of Justice (DOJ) is stepping up efforts to crack down on illegal real estate activities, signaling a tougher enforcement stance as authorities seek to strengthen market integrity and restore public trust in property transactions.
Financial technology platform Maya has launched Mini Payments, a new feature that lets credit card holders convert eligible purchases into monthly installment plans directly through the app – even after a transaction has already been completed.
Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.
East West Banking Corp., led by the Gotianun family, has set the price range for its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 each. The bank targets to raise around P9 billion through the offer, which will be listed on the Philippine Stock Exchange.
The Philippine Airlines (PAL) has updated its FurPAL program to let small cats travel alongside dogs inside the aircraft cabin on every domestic flight, giving Filipino pet owners more flexibility when planning trips.