The Securities Clearing Corporation of the Philippines, wholly-owned subsidiary of the Philippine Stock Exchange Inc., has migrated to a shortened settlement cycle of only two days.
Cebu Pacific has kept its position and rated as the country's leading domestic airline in the first six months this year, according to the Civil Aeronautics Board.
Ecommerce Thrive Asia-Philippines has teamed up with the largest fintech and e-commerce organization in Vietnam to establish a self-regulatory body ensuring ethical business practices and combat online fraud plaguing the industry.
Appointed to a fresh six-year term are Romeo L Bernardo, former undersecretary at the Department of Finance, and Rosalia V. De Leon, who is a third term Treasurer of the Philippines.
The Mines and Geosciences Bureau (MGB) has identified 8,170 barangays nationwide as prone to rain-induced landslides and flooding due to Tropical Depression Crising, expected to affect the country from 16 to 19 July.
Globe Telecom is scaling up its commitment to renewable energy, announcing the transition of more than 3,000 low-energy sites in Metro Manila and Region IV-A to 100 percent renewable energy (RE) by 2028.
A proposed 1 percent tax on overseas remittances currently being deliberated in the US Congress has sparked concern among Philippine policymakers, given its potential to reduce a key source of foreign exchange for the economy—even as only a minority of Filipinos directly receive such remittances.
Caltex will raise pump prices again starting 6:01 a.m. Thursday, 17 July, marking its second fuel price hike this week. Gasoline and kerosene will go up by P0.20 per liter, while diesel will rise by P0.35, the company announced.