Corporate
PNB and PAL renew co-brand partnership
The Philippine National Bank, a subsidiary of LT Group, Inc., and the Philippine Airlines (PAL), under PAL Holdings, Inc., have renewed their co-brand partnership to strengthen their collaboration in providing improved travel and financial services for Filipinos.
Digital literacy program boosts inmate rehab in Palawan
Foundever®, through its University and Community Partnership (UCP) and Language Academy in Palawan, has teamed up with the Bureau of Jail Management and Penology (BJMP) Puerto Princesa to launch a digital literacy skills training program aimed at supporting inmate rehabilitation and reintegration.
Philex profit surges in 3Q on record gold prices
Philex Mining Corp., the country’s largest gold producer, posted stronger earnings in the third quarter, lifted by record-high gold prices and steady mine operations. The company also disclosed major progress in its Silangan Copper-Gold Project in Surigao del Norte.
SEC proposes new limits on lending interest rates and fees
The Securities and Exchange Commission (SEC) plans to impose new limits on interest rates and fees charged by lending and financing companies to protect borrowers from predatory practices while keeping legitimate lenders competitive.
SEC seeks to spare MSMEs from audited financial reports
The Securities and Exchange Commission (SEC) has proposed exempting more micro, small and medium enterprises (MSMEs) from the mandatory submission of audited financial statements to ease compliance costs and streamline regulatory requirements.
