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Salmon Bank names new leaders amid rapid growth

Salmon Bank has appointed new senior leaders as it pushes ahead with expansion after more than doubling its loan portfolio and assets in 2025.

 Meralco lowers May power rates slightly

The Manila Electric Co. (Meralco) announced a modest decrease of P0.0151 per kWh in electricity rates for May, bringing the typical household rate to P14.3345 per kWh, down from P14.3496 in April.

BankCom posts strong 13% profit growth

Bank of Commerce (BankCom), the banking affiliate of diversified San Miguel Corp., sustained its earnings momentum through the first quarter, reporting an unaudited net income of P976.19 million, up 13 percent from P866.79 million a year earlier. 

 SBMA launched expanded relief package for stakeholders

 The Subic Bay Metropolitan Authority (SBMA) is rolling out a new set of relief measures aimed at easing economic pressures on stakeholders in the Subic Bay Freeport Zone (SBFZ). The announcement follows a public consultation held on May 11, 2026, at the Subic Bay Exhibition and Convention Center (SBECC).

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