Tag: GSIS

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ICCP insists Alternergy capital-raising above board, transparent

Investment & Capital Corp. of the Philippines (ICCP), financial advisor to Alternergy Holdings Corp., asserted its strong commitment to transparency, regulatory compliance, and investor protection in connection with Alternergy’s capital-raising efforts.

GSIS opens new Baguio branch

The Government Service Insurance System (GSIS) has inaugurated its new Baguio branch office, marking a significant investment in infrastructure and digital service delivery for over 40,000 members and pensioners in the Cordillera region.

GSIS warns public to beware of online scams

In light of recent online banking theft attempts made against some of its members and pensioners, the Government Service Insurance System (GSIS) warns the...

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Lopez Inc. gives up ABS-CBN majority as media firm raises ₱6B fresh capital

Lopez Inc. is reducing its controlling stake in ABS-CBN Corp., as the media firm secures P6 billion in new equity to rebuild operations and shore up finances after years of losses, the company disclosed to the Philippine Stock Exchange.

Anvaya Cove retains Southeast Asia golf crown

Anvaya Cove Golf Course has retained its No. 1 ranking in Southeast Asia and climbed to 15th in Asia, strengthening the Philippines’ pitch for high-value golf tourism while adding prestige to the country’s premium leisure property market.

Evro tops 100,000 users as EV charging network expands

Evro has surpassed 100,000 users as the digital platform expands its role in connecting Philippine electric vehicle drivers to a growing network of charging stations nationwide.

Philippine banks face rising bad-loan risk, S&P warns

Philippine banks could see their bad-loan ratio rise to as high as 7 percent from 5.6 percent as inflation squeezes household incomes, credit growth weakens, and riskier unsecured loans come under pressure, S&P Global Ratings said.

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