Corporate
GSIS releasing ₱3.93B Christmas cash gift
The GSIS is distributing ₱3.93 billion in Christmas cash gifts to 411,692 pensioners beginning today. For the first time, pro-rata and Portability Law (RA 7699) pensioners are included, adding nearly 15,000 new beneficiaries.
Ayala-backed data center opens in Binan
The Philippines’ data infrastructure race kicked into higher gear as the Ayala-backed ML1 Data Center officially launched the first phase of its operations on November 28 in Biñan, Laguna, supported by incentives from the Board of Investments (BOI) under the CREATE Act.
EEI reshapes portfolio with subsidiary shuffle
EEI Corp. has greenlit two major consolidation moves aimed at sharpening its strategic focus and boosting long-term value, as the listed construction group restructures ownership across key subsidiaries.
Palawan links up with Ria for affordable overseas money transfers
The Palawan Group has partnered with Ria Money Transfer to offer low-cost outbound remittances for Filipinos abroad, including students, freelancers, and small business owners.
MPTC raises ₱20 billion from oversubscribed bond sale
Metro Pacific Tollways Corp. (MPTC) has raised ₱20 billion from its first public bond issuance, which was more than three times oversubscribed from its ₱15-billion base offer. The company will use the funds to support ongoing and future tollway projects, make new investments, and reduce existing debt.
