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ATRAM launches first global PERA retirement funds

ATRAM Trust Corp. is taking the government's voluntary retirement savings program beyond Philippine shores, launching the country's first globally invested Personal Equity and Retirement Account (PERA) funds in a move that broadens investment choices for Filipinos preparing for retirement.

Metrobank docuseries explores how the cultural value of “hiya” shapes Filipino money habits

The Metropolitan Bank & Trust Company (Metrobank) has released the third episode of its Moneygurado docuseries, titled "The Price of Hiya: Why Filipinos Fear Talking About Money." The latest episode dives into how the deeply rooted cultural value of hiya (shame or honor) influences the way Filipinos discuss, manage, and think about their personal finances.

Security Bank Group wins 9 sustainable infrastructure finance awards 

Security Bank Corporation and its investment banking arm Security Bank Capital secured nine honors at The Asset Triple A Sustainable Infrastructure Finance Awards 2026. The awards recognize their work funding key Philippine projects across clean energy, water, and transport. The group took top prizes including Asia-Pacific Deal of the Year and Project Finance Deal of the Year for the historic PHP150 billion Terra Solar loan, which backs what is set to be the world’s largest integrated solar and battery facility. They also earned awards for hydro power schemes, Southeast Asia’s first water sector green equity IPO for Maynilad, and a major bond issuance for Metro Pacific Tollways. Officials said the wins reflect their commitment to building critical infrastructure and advancing the country’s renewable energy shift.

SM Prime opens first China hotel in Xiamen

SM Prime Holdings Inc. has expanded its business in Xiamen, China, launching its first hotel in the country last month. The 325-room Voco Xiamen SM City connects directly to SM Xiamen, the group’s first property in China opened 25 years ago. Worth about 450 million yuan or P4 billion, it sits near a metro station and is close to Xiamen’s airport and railway station. SM Prime president Jeffrey C. Lim said the project turns the complex into a full lifestyle destination, taking advantage of China’s growing tourism market and new government support policies. Xiamen is also the hometown of SM group founder Henry Sy Sr.

URC earns top honors from leading Hong Kong retailers PARKnSHOP and 7-Eleven

Universal Robina Corporation has secured key recognitions from two of Hong Kong’s biggest retail chains, PARKnSHOP and 7-Eleven, marking a major step forward in the company’s international expansion and localization efforts.

Just in

Yuchengco’s PetroWind signs TransCo deal securing 20-year tariff for Aklan wind project

Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.

NSCR on track to partial 2027 opening

The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway Extension (NSCR-Ex) remains on schedule to launch partial operations on the first 28-kilometer stretch from Valenzuela to Malolos by the end of 2027. The update came as Executive Secretary Ralph Recto, DOTr Undersecretary for Railways Timothy John Batan, and Assistant Secretary for Right of Way Acquisition Irish Calaguas inspected the project on September 29, 2026.

SEC unifies foundation rules to ease compliance, boost oversight

The Securities and Exchange Commission is bringing all existing rules for foundations together into one complete set of guidelines, designed to make compliance simpler and strengthen supervision across the sector. Issued as a draft memorandum circular, this omnibus framework addresses longstanding challenges where requirements were scattered across separate laws, orders, and agency issuances, making them hard to track and follow. The new unified set will serve as one up-to-date reference covering everything from organization setup to regular reporting and ongoing compliance, including all necessary forms, templates, instructions, and procedures.

NFA adds Tarlac palay storage to aid farmers, boost supply

The National Food Authority (NFA) is leasing extra warehouse space in Victoria, Tarlac to buy more palay directly from local farmers and strengthen the government’s rice supply program.
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