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New BSP rule opens more investment doors for OFWs

The Bangko Sentral ng Pilipinas (BSP) has revised its investment regulations to allow greater participation by overseas Filipino workers (OFWs) in retirement-focused funds, a move aimed at strengthening the country’s private pension system and capital markets.

EEI transfers Cavite assets for shares

Listed construction and engineering firm EEI Corp. announced that its board of directors has approved the transfer of training facilities in Tanza, Cavite—valued at P164 million—to its wholly owned subsidiary, EEI Training Academy Corp., in exchange for shares under a tax-free property-for-share swap.

Apple shares soar on frenzy over iPhone 17

Shares of Apple Inc. surged to a record high on Monday, driven by strong early demand for its newly released iPhone 17 across key markets in China and the US.

PH among SEA hotspots for industrial malware — Kaspersky

The Philippines remains one of Southeast Asia’s top hotspots for industrial malware attacks, according to a new report presented at the Kaspersky Industrial Cybersecurity Conference (KICS) 2025. 

PhilCare lists essential for earthquake survival

In the wake of recent earthquake tremors across Metro Manila and nearby provinces, leading HMO provider PhilCare is calling on Filipino families to prepare emergency go bags to improve survival chances in the critical 72 hours following a major quake.

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 Seven nations join Luzon Corridor Infrastructure push

The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.

UNAHCO explores ecozone investments to boost expansion

UNAHCO, Inc., the animal nutrition and healthcare arm of United Laboratories, Inc. (UNILAB), is considering investments in Philippine economic zones to strengthen its agro-industrial operations and expand its nationwide manufacturing and logistics network.

Cayetano elected new Senate President as impeachment looms

In a surprising turn Monday, all Senate positions were declared vacant by a 13-10 vote, with one abstention. Senator Alan Peter Cayetano was elected new Senate President following a nomination by presidential sister Senator Imee Marcos. The abrupt leadership revamp pushed by the pro-Duterte bloc comes ahead of an impending vote by the House of Representatives on the impeachment of Vice President Sara Duterte. The Senate will act as impeachment court if the House endorses the charges against the vice president. Cayetano’s leadership could significantly influence proceedings, and if the pro-Duterte bloc’s support for him holds, it may foreshadow the outcome of the impeachment trial.

BSP backs stronger ASEAN+3 cooperation

The Bangko Sentral ng Pilipinas (BSP) joined other central banks and finance ministries in reaffirming support for stronger regional cooperation during the 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting held recently in Samarkand, Uzbekistan. The meeting took place alongside the Asian Development Bank Annual Meeting amid growing global economic uncertainties.
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