The Senate on Monday elected Senator Vicente "Tito" Sotto III as its new president, replacing Senator Francis Escudero, who has recently faced controversy over alleged links to a contractor involved with the Department of Public Works and Highways.
Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.
Pru Life UK emerged as industry leader in the Philippine insurance sector for the first half of 2025, securing the top position in new business premiums, according to the latest report from the Insurance Commission.
Manulife China Bank Life (MCBL) has introduced Manulife GoalReady, a peso-denominated variable unit-linked (VUL) insurance plan designed to help Filipinos build a financially secure future through flexible life insurance coverage and a range of investment options.
Leading VisMin property developer Cebu Landmasters, Inc. (CLI) has acquired a 78.8-hectare property in Liloan, Cebu through its joint venture subsidiary, Cebu Homegrown Developers Inc. (CHDI), with partner Ixidor Holdings Inc., accelerating its expansion plans.
Most banks plan to keep their lending rules unchanged in the first quarter of 2026, according to the Bangko Sentral ng Pilipinas’ latest Senior Bank Loan Officers’ Survey. This suggests banks remain cautious, but not significantly more restrictive, as the economy moves into 2026.
MPower, the retail electricity supplier of Manila Electric Company (Meralco), partnered with Robinsons Land Corporation (RLC) to donate learning tools and school supplies to San Pedro Central Elementary School in Laguna.
Consumers can now make their daily transactions work for them as BDO Pay rolls out promos that let payments pay for themselves. Instead of simply settling bills or shopping, users earn rewards and discounts with every transaction, adding extra value to routine spending.
Globe Telecom Inc. and the Metropolitan Manila Development Authority (MMDA) have signed an agreement to make sure communication services stay up and running in Metro Manila even during large-scale disasters, including a worst-case earthquake.