Corporate

PSALM cuts debt to P260.6B, boosts support for energy sector

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. reduced its financial obligations to P260.6 billion as of end-December 2025, down 4.9 percent or P13.4 billion from P274 billion in 2024.

Jollibee Group shift Philippine facilities to 99% renewable

The Jollibee Group has transitioned its commissaries and logistics facilities in the Philippines to 99 percent renewable energy, marking a major step in its sustainability efforts.

Bengzon appointed chairman and CEO of ICCP

Investment and Capital Corp. of the Philippines (ICCP) has named Augusto D. Bengzon, a former top executive at Ayala Land Inc., as its new chairman and chief executive officer.

Skills take center stage in bank foundation’s classroom turnover 

Security Bank Foundation, Inc. (SBFI) has turned over a new two-storey, six-classroom Technical-Livelihood Education (TLE) building to Zamboanga City High School Main (ZCHSM), marking its 900th classroom built nationwide.

Zinc-enriched rice targets child stunting in 7 areas

Around 1,500 day care and elementary school children at risk of malnutrition in seven provinces will receive high-zinc rice under a 90-day feeding program.

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