Asiabest to raise P24.66B for infrastructure pivot
Asiabest Group International Inc. is raising up to P24.66 billion as it accelerates its transformation into a full-fledged infrastructure and real estate player. The move marks a major step in the company’s strategic pivot under the leadership of chairman Francis Lloyd Chua.
GoTyme Bank launches free InstaPay transfers, challenging industry norm
GoTyme Bank has introduced a new policy granting all its customers 20 free InstaPay transfers per month to nearly all banks and e-wallets—significantly undercutting the P15 to P25 fees typically charged by traditional banks and digital wallets for similar services.
ICC tightens flood project review with new river basin policy
The Investment Coordination Committee–Cabinet Committee (ICC-CC), chaired by Finance Secretary Ralph G. Recto, has approved a key policy shift requiring flood control and management projects to be aggregated and evaluated by river basin, marking a significant change in infrastructure project approval.
OLFU, MSA-PH sign training agreement
The Our Lady of Fatima University (OLFU) has formalized an academic-industry partnership with Lopez-led Medical Services of America (Philippines), Inc. (MSA-PH) to enhance the education, training, and career pathways of its respiratory therapy students.
Pru Life UK introduces income-generating insurance products
Pru Life UK has introduced two new financial products—PRUSteady Income and PRUWealth 10—designed to offer guaranteed income and enhanced insurance protection to Filipino clients. The launch event, themed “The Power of Two”, was held at the Electric Garden in Bonifacio Global City.
