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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.

Alliance Global posts higher profit amid uncertainty

Alliance Global Group Inc. (AGI) reported a 6 percent increase in first-quarter net income, supported by stronger residential sales, rising leasing revenues, improving hotel operations, and an early recovery in liquor demand despite uncertain economic conditions.

IABC Philippines names new leadership team for 2026–2028

IABC Philippines has officially announced its new Board of Trustees for the 2026–2028 term, approved by its members to lead and advance the business communication profession in the country.

Just in

DA targets August start for new FMR projects

The Department of Agriculture on Wednesday (DA) said that the construction of major farm‑to‑market roads (FMR) under its program is set to begin by August this year, with bidding activities scheduled from June to July. In a briefing in Quezon City, DA assistant secretary and spokesperson Arnel de Mesa, who also chairs the Bids and Awards Committee (BAC) for large FMR projects, said preparations are already underway, including a pre‑procurement conference scheduled soon.

EDC seeks nod for upgrade of P25-B Negros geothermal facility

The Department of Environment and Natural Resources (DENR) will hold a public hearing on June 24, 2026 for Energy Development Corporation’s proposed P25-billion expansion and upgrade of the Southern Negros Geothermal Project steam field in Valencia, Negros Oriental.

PAL pitches Sydney winter escape as cool alternative to PH summer heat

The Philippine Airlines (PAL) is encouraging Filipinos to trade the country’s sweltering temperatures and unpredictable weather for a crisp winter holiday in Sydney through its new “Coolest Summer Ever” campaign.

Courts back SJDM in water service takeover; search for new operator begins

Two Regional Trial Courts—one in Bulacan and another in Las Piñas—have dismissed separate requests from PrimeWater Infrastructure Corp. for a temporary restraining order and injunction against the San Jose del Monte (SJDM) city government.
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