Corporate

SEC penalizes online lender P1 million for predatory rate and collection practices

The Securities and Exchange Commission has imposed a P1 million penalty on Inclusive Credit Lending Inc. for charging excessive interest rates and carrying out improper debt collection activities.

Globe launches new rewards program for multi-service customers

Globe has introduced a first-of-its-kind telecommunications rewards initiative called Globe Circle, made for customers who use the company for both mobile and home connectivity.

EastWest investment banking unit wins top industry awards

EastWest Bank’s investment banking team has earned two major recognitions for its work in the Philippine capital market.

BIR files P22.71-B tax evasion case against Sunwest Inc., top officers before DOJ

The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.

Figaro clears key hurdle for Angel’s Pizza spin-off

Listed food company Figaro Culinary Group Inc. has moved a step closer to carving out its fast-growing Angel's Pizza business after securing a key regulatory approval for its planned corporate restructuring.

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