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PNB expands PERA fund options and distribution reach, boosting retirement investing for Filipinos
The Philippine National Bank (PNB), through its Trust Banking Group, has expanded its Personal Equity and Retirement Account, or PERA, product range with two new offerings: the PNB PERA Money Market Fund and the PNB PERA High Dividend Fund.
Filinvest closes in-house construction unit, shifts to third-party contractors
Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.
Globe 9-month net profit falls 7% despite record revenues
Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.
FedEx brings online duty, tax payments to Philippine import tool
FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.
Megaworld earnings rise 6% as rental income grows
Stronger hotel, mall, and office leasing revenues lifted Megaworld Corp.’s net income by 6 percent to P19 billion in the first nine months of 2026, cushioning modest growth in residential sales and consolidated revenues.
GCash parent Mynt posts record Q3 revenue, income
Mynt Inc., parent company of GCash, reported record revenue and net income in the third quarter of 2026, as growth in payments and lending helped offset market headwinds.
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PNB expands PERA fund options and distribution reach, boosting retirement investing for Filipinos
The Philippine National Bank (PNB), through its Trust Banking Group, has expanded its Personal Equity and Retirement Account, or PERA, product range with two new offerings: the PNB PERA Money Market Fund and the PNB PERA High Dividend Fund.
Filinvest closes in-house construction unit, shifts to third-party contractors
Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.
Globe 9-month net profit falls 7% despite record revenues
Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.
FedEx brings online duty, tax payments to Philippine import tool
FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.
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PNB expands PERA fund options and distribution reach, boosting retirement investing for Filipinos
The Philippine National Bank (PNB), through its Trust Banking Group, has expanded its Personal Equity and Retirement Account, or PERA, product range with two new offerings: the PNB PERA Money Market Fund and the PNB PERA High Dividend Fund.
Filinvest closes in-house construction unit, shifts to third-party contractors
Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.
Globe 9-month net profit falls 7% despite record revenues
Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.
FedEx brings online duty, tax payments to Philippine import tool
FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.
Megaworld earnings rise 6% as rental income grows
Stronger hotel, mall, and office leasing revenues lifted Megaworld Corp.’s net income by 6 percent to P19 billion in the first nine months of 2026, cushioning modest growth in residential sales and consolidated revenues.
GCash parent Mynt posts record Q3 revenue, income
Mynt Inc., parent company of GCash, reported record revenue and net income in the third quarter of 2026, as growth in payments and lending helped offset market headwinds.
E-wallets increasingly used to move stolen money, Coins.ph warns
The use of e-wallets to funnel stolen money has more than doubled in a year, highlighting how fraudsters are exploiting legitimate financial platforms to move illicit funds, digital asset exchange Coins.ph warned.
APECO taps US firm to map Casiguran investment prospects
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has enlisted US-based Planate Management Group to map investment opportunities and infrastructure requirements for its 12,923-hectare Casiguran ecozone, an initiative that could pave the way for US-backed project financing.
Yuchengco’s PetroGreen ties up with China’s Ming Yang in major Philippine offshore wind push
PetroGreen Energy Corp. (PGEC), the renewable energy unit of listed PetroEnergy Resources Corp. (PERC) led by the Yuchengco group, has entered a strategic partnership with China’s Ming Yang Smart Energy Group Ltd., one of the world’s top wind turbine makers, to advance offshore wind development in the country.
Kris Aquino brings star power to Shopee’s 11.11 shopping spectacle
Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.