Ayala units expand financial literacy programs to community areas across Luzon
The Bank of the Philippine Islands (BPI), through its foundation arm, is advancing financial inclusion by rolling out financial education initiatives in communities near ACEN’s renewable energy project sites. The partnership covers areas in Quezon, Laguna, and Zambales provinces, targeting around 3,000 direct beneficiaries.
Meralco launches bidding for 600 MW baseload power supply
The Manila Electric Company (Meralco) has kicked off the Competitive Selection Process (CSP) to secure 600 megawatts (MW) of baseload capacity, aiming to guarantee sufficient and reliable power supply for its customers. The move follows the Department of Energy’s (DOE) issuance of a Certificate of Conformity after more than a year of review, and forms part of Meralco’s latest DOE-approved Power Supply Procurement Plan.
BDO advances financial empowerment for OFWs amid Migrant Workers’ Day observance
Leading Philippine financial institution BDO Unibank, together with its digital remittance partner Xoom, has extended support to overseas Filipino workers (OFWs) as the country commemorates Migrant Workers’ Day.
LGUs to receive record ₱1.19T funding
Local government units (LGUs) across the Philippines are set to receive a record P1.19 trillion in National Tax Allotments (NTA) in 2027, marking a P129.32-billion increase from the previous year and significantly boosting fiscal capacity for provinces, cities, municipalities, and barangays.
PhilWeb secures AI push via Gokongwei deal
PhilWeb Corp. has secured a P2.02-billion strategic equity investment from businessman Lance Y. Gokongwei, marking a major capital boost that will accelerate its shift toward becoming an artificial intelligence-enabled technology infrastructure provider for the regulated digital entertainment sector.
