BSP pushes PERA adoption, cites tax benefits and economic gains
The Bangko Sentral ng Pilipinas (BSP) is urging businesses to offer the Personal Equity and Retirement Account (PERA) program to employees, highlighting major tax incentives and wider economic benefits.
Filinvest Land sees strong residential sales momentum
Filinvest Land Inc., the property development arm of the Gotianun Group, reported a 62 percent surge in March sales reservations to P2.7 billion, compared to the same month last year.
GoTyme Bank expands share ownership to nearly all staff, setting new industry standard
GoTyme Bank, a partnership between the Gokongwei Group and Tyme Bank, announced on Thursday that it will broaden its share ownership program to include all eligible employees in good standing. This move marks a major shift in the local banking industry, where such benefits are traditionally limited only to top executives.
AI-driven cyber threats pose major risks to financial stability: IMF
Artificial intelligence is reshaping financial system security—both as a defense tool and a growing threat, according to analysis from the International Monetary Fund (IMF). Advanced AI now lets attackers find and exploit digital vulnerabilities faster and cheaper, raising risks of widespread, simultaneous breaches across interconnected financial systems.
AdventEnergy expands in Mindanao with new power deal for cold storage
AdventEnergy, the retail arm of Aboitiz Power Corporation, has secured an 896-kilowatt power supply contract with Viking Cold Storage Inc., strengthening its presence in Mindanao’s fast-growing cold chain industry.
