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2020 POSTS

NLEX Corp. 1Q 2026 net income up 8% on strong traffic, toll adjustments

NLEX Corp. recorded an 8 percent rise in net income for the first quarter of 2026, reaching P3.84 billion from P3.55 billion in the same period last year. This growth reflects strong business performance, supported by higher vehicle traffic, newly implemented toll rate adjustments, and efficient cost management.

Panhua starts $1B Philippine steel venture

Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.

Inflation fears keep T-Bill rates elevated

Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.

GSIS names new trustee, honors outgoing member’s service

The Government Service Insurance System (GSIS) has welcomed Rolando Toledo to its board of trustees, while commending outgoing trustee Beatriz Torno for her long-standing public service. This move supports the state pension fund’s goal to strengthen governance and improve services for members and retirees.

PH finance stable but Middle East tensions, debt, rates are critical watchpoints – FSCC

The Financial Stability Coordination Council (FSCC) confirmed on Monday that the Philippine banking system is stable and resilient, even as it flagged major risks that could directly affect businesses and households.

Just in

Discovery Capital secures loan to widen reach, boost financial inclusion

Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Minority senators seek Cayetano exit over Senate shutdown

The Senate minority bloc on Tuesday called on Senate President Alan Peter Cayetano to resign, him of abandoning his responsibilities, neglecting his duties, and disregarding Senate rules by halting the chamber’s proceedings. In a sharply worded statement, minority senators argued that the Senate “cannot be made to stop working because its presiding officer refuses to lead,” stressing that legislative work must continue regardless of political disputes. The bloc also maintained that Senate rules require the Senate President to consult both majority and minority leaders before postponing a session, alleging that such consultation did not take place.
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