Tag: PCC

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PCC clears insurance merger reshaping market

Banking & Insurance Context.ph Context.ph -
The Philippine Competition Commission (PCC) has approved the merger of FPG Insurance Co. Inc. and The Mercantile Insurance Company, Inc., clearing the way for one of the most significant consolidations yet in the country’s non-life insurance sector.

Competition rules transform public transport market 

Transport & Logistics Context.ph Context.ph -
The Philippine Competition Commission (PCC) and the Land Transportation Franchising and Regulatory Board (LTFRB) are teaming up to shake up public transport.

PCC clears hydro deal with guardrails

Corporate Context.ph Context.ph -
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.

Gokongweis rev up motorcycle retail push

Corporate Context.ph Context.ph -
The Gokongwei group is revving into a new growth lane after the Philippine Competition Commission (PCC) cleared Robinsons Supermarket Corporation’s acquisition of 100 percent of Premiumbikes Corp., marking the retailer’s first foray into the automotive sector.

PCC launches online portal, easing anti-competition complaints

Economy Context.ph Context.ph -
The Philippine Competition Commission (PCC) is making it easier for citizens to report potential anti-competitive practices with the launch of its online case reporting system.
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Robinsons Land rejigs funding to Cebu residential projects

Property 0
Robinsons Land Corp. is reshuffling the priority of several projects under its reinvestment program, channeling more funding into two residential developments as the listed property arm of the Gokongwei Group adjusts to shifting market opportunities.

Del Monte profit pops on pineapple boom

Corporate 0
Del Monte Pacific Limited delivered a sharp profit surge in its third quarter spanning November to January as booming pineapple exports and resilient Philippine demand lifted sales and margins, highlighting the strength of its Asian core even as the group continues to rebuild its balance sheet.

Pag-IBIG Loyalty Card Plus tops P1B savings

Property 0
The Pag-IBIG Loyalty Card Plus program has surpassed P1 billion in member discounts, marking a milestone that highlights the growing role of the government-run savings fund in helping Filipino workers stretch their everyday budgets.

RCBC launches P5B ASEAN Sustainability Bond offer

Banking & Insurance 0
Rizal Commercial Banking Corp. has begun offering peso-denominated fixed-rate Series G ASEAN Sustainability Bonds due 2029, tapping investors as the bank expands funding for green and social projects.

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