DOE transfers power sector function to BARMM-MENRE under new transition deal
The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.
Puregold, GCash push digital shift for stores
Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.
SM Prime hits pause on P18B bond sale
SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country.
Business groups demand tougher anti-graft safeguards
A coalition of business and governance organizations is pressing the government to implement sweeping procurement and infrastructure reforms, arguing that recurring corruption scandals highlight deep structural weaknesses in public accountability systems.
Healthcare distributors get financing from Security Bank, AC Health units
Security Bank has partnered with AC Health subsidiaries I.E. Medica and MedEthix to offer financing support to their nationwide dealer and distributor network via the bank’s dealer financing program. Accredited partners gain access to short-term credit lines and inventory financing, helping them manage working capital, raise purchasing power, and improve cash flow. This support is designed to strengthen the country’s healthcare supply chain by enabling better inventory management and faster response to demand.
