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PLDT, Smart expand anti-cable theft campaign

Telecom giant PLDT Inc. and its wireless arm Smart Communications, Inc. have launched the nationwide expansion of their barangay-based asset protection initiative, aimed at curbing cable theft and safeguarding telecom infrastructure. Initially piloted in Makati City, the campaign has now reached key areas such as Pangasinan, Davao, and Cebu, with more rollouts planned.

BSP, DOLE ink data-sharing deal for better policymaking

The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) signed a memorandum of understanding (MOU) to enhance data sharing and collaboration, in a ceremony held at the BSP head office in Manila.

Asiabest to raise P24.66B for infrastructure pivot

Asiabest Group International Inc. is raising up to P24.66 billion as it accelerates its transformation into a full-fledged infrastructure and real estate player. The move marks a major step in the company’s strategic pivot under the leadership of chairman Francis Lloyd Chua.

GoTyme Bank launches free InstaPay transfers, challenging industry norm

GoTyme Bank has introduced a new policy granting all its customers 20 free InstaPay transfers per month to nearly all banks and e-wallets—significantly undercutting the P15 to P25 fees typically charged by traditional banks and digital wallets for similar services.

ICC tightens flood project review with new river basin policy

The Investment Coordination Committee–Cabinet Committee (ICC-CC), chaired by Finance Secretary Ralph G. Recto, has approved a key policy shift requiring flood control and management projects to be aggregated and evaluated by river basin, marking a significant change in infrastructure project approval.

Just in

1Q remittances rise to $8.68 billion

Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.

Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

ADB offers $1.75 billion aid to PH amid Middle East crisis

The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.

Globe posts strong 1Q 2026 growth as data drives 91% of revenues

Globe Telecom reported strong first-quarter 2026 earnings, with consolidated service revenues rising 5 percent year-on-year to P42 billion, marking its second-highest quarterly revenue performance on record.
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