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Saturday, 10 January 2026, 1:06 am

    Banking & Insurance

    BDO bags 2 major international awards for 2nd straight year

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    Sy-led BDO Unibank Inc. (BDO) was named Industry Champion of the Year and Top Sustainability Advocate in Asia, both for the second time at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia.

    Unlicensed preneed and insurance firms earn IC ire for unauthorized products

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    The Insurance Commission (IC) recently issued cease and desist orders (CDOs) against entities found to have conducted business without the necessary license. One of the...

    BSP offering Tagbilaran City with digital currency and sweep it clean of torn, tattered peso bills

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    The Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office (VRO) offered currency exchange services in Tagbilaran City to encourage the public to replace their unfit banknotes...

    Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

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    Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.

    Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

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    The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Economy

    Investor pullback seen behind rise in unemployment

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    The privately owned umbrella group Employers Confederation of the Philippines (ECOP) said the recent rise in unemployment is largely due to the corruption scandal that has shaken investor confidence in the country.
    Corporate Bulletins

    IR Impact names SM Investments’ annual report best in region

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    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.
    Economy

    Mitsubishi seeks to fast-track CARS claims

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    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.
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