Tag: Asian Development Bank (ADB)

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BSP extends maximum repayment term for salary-based consumption loans to 7 years

The Bangko Sentral ng Pilipinas (BSP) has adjusted rules raising the maximum repayment period for salary-based general purpose consumption loans (SBGPCLs) from the standard three years — extendable only to five years in special cases — to seven years.

Security Bank forum guides businesses on energy efficiency, incentives and sustainable investments

Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).

PLDT Enterprise strengthens partnership with Xeleqt to advance AI-IoT solutions

PLDT Enterprise has deepened its collaboration with Xeleqt Technology Innovations, Inc. to support the expansion of Xeleqt’s Artificial Intelligence of Things (AI-IoT) ecosystem.

PNP cracks down on tobacco smuggling networks

The Philippine National Police (PNP) is tightening its grip on illicit tobacco trade, reporting major enforcement gains in the first half of 2026 as intelligence-led operations and stronger coordination with prosecutors begin to translate seizures into court cases.

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