The Government Service Insurance System (GSIS) has increased its funeral benefit from P30,000 to P50,000, effective for all deaths occurring on or after July 13, 2026.
Visa has launched automated, contactless fare collection systems across all 13 stations of the Manila Light Rail Transit Line 2 (LRT-2), marking its fourth cashless transit initiative in the country. Developed in partnership with the Department of Transportation, Rizal Commercial Banking Corporation, and other industry stakeholders, the project enables more than 160,000 daily commuters to pay for train rides using Visa cards, QR codes, and NFC-enabled devices.
Robinsons Retail Holdings Inc. has moved a step closer to exiting the Philippine Stock Exchange after its controlling shareholder completed the acquisition of shares tendered by minority investors, reducing the company's public float to well below the exchange's minimum requirement.
Megaworld Corp. has raised about P516.49 million after selling 37.7 million shares in MREIT Inc. through a block sale, a move that provides fresh capital while maintaining the property giant's ability to recycle investments.