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“Grab has many enemies but that’s ok”

Grab Philippines on Tuesday acknowledged the resentment some hold against its bid to secure regulatory approval for its own motorcycle taxi service that at the moment seems impossibly out of reach. It does not lose hope, however, that the coveted accreditation is eventually dispensed in its favor.

BTr raises P584.86B from retail treasury bond offer

The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.

Incremental El Niño damage moves past P300M but feared ultimately costing the economy billions

Damage to the agriculture sector attributed to the ongoing El Niño episode has climbed to P357.38 million, incrementally higher than only P109.44 million when last reported, latest data reported by the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center show.

SM Group looks to regions, local brands to drive future growth

SM Investments Corp. is looking beyond key cities and widely-known brands, and training the spotlight on local favorites and experiences to help drive SM Group’s future growth.

DOTr seeks competing proponents in Swiss challenge to Laguindingan Airport

The Department of Transportation (DOTr) is inviting local and international companies to challenge the unsolicited proposal of Aboitiz InfraCapital, Inc. to upgrade, expand, operate and maintain the Laguindingan International Airport. 

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EastWest simplifies bank access via app with full digital account opening, credit card applications

EastWest has expanded its EasyWay digital banking app to let Filipinos open savings accounts and apply for credit cards entirely from mobile devices, removing traditional hurdles to accessing financial services.

GCash still in early growth cycle, eyes banking expansion 

GCash, the fintech platform used by 49 million Filipinos or 42% of the population, remains in the early stages of development with significant room to expand into banking and other financial services, according to a senior business adviser.

PEZA: Luzon corridor offers ready industrial base

The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

SEC greenlignts ACE Medical’s direct public offering

The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center - Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.

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