Meralco champions audit innovation at ASEAN Power Summit
At the 2025 Heads of ASEAN Power Utilities/Authorities (HAPUA) Internal Audit Summit, the Manuel V. Pangilinan-led Manila Electric Company (Meralco) highlighted the growing strategic and commercial significance of internal audit in driving innovation and operational transformation in the power sector.
BSP extends VASP licensing moratorium, issues advisory amid heightened crypto risks
The Bangko Sentral ng Pilipinas (BSP) has extended its moratorium on the issuance of new licenses for virtual asset service providers (VASPs) indefinitely, while simultaneously warning the public against engaging with unregistered or unauthorized VASPs.
Moody’s affirms PH credit strength, BSP welcomes positive outlook
The Bangko Sentral ng Pilipinas (BSP) welcomed Moody’s recent positive assessment of the Philippines’ external sector, underscoring the country’s robust credit profile and economic resilience.
DICT targets Tier 1 status in global cybersecurity index
The Department of Information and Communications Technology (DICT) is intensifying efforts to elevate the Philippines to Tier 1 status in the Global Cybersecurity Index (GCI), a benchmark developed by the International Telecommunication Union (ITU) that assesses national cybersecurity frameworks across five key pillars: Legal, Technical, Organizational, Capacity Development, and Cooperation.
SMIC sees shares as undervalued amid growth prospects
SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.
