Tag: Philippine Deposit Insurance Corporation (PDIC)

A new Senate majority consolidated power on Wednesday, electing Senator Sherwin Gatchalian as Senate President and ending Senator Alan Peter Cayetano’s turbulent tenure at the helm of the chamber. The leadership shakeup was sealed after Senator Joel Villanueva crossed over to the emerging bloc, providing the crucial 13th vote needed to formally install Gatchalian. In a broader realignment of Senate leadership, former Senate President Vicente Sotto III was elected Senate President Pro Tempore, while Juan Miguel Zubiri took over as majority leader and chairman of the Committee on Rules, which controls the chamber’s legislative agenda. The new majority also allocated committee chairmanships, leaving the Blue Ribbon Committee now investigating the flood control controversy with Senator Erwin Tulfo.

Airbus Defence and Space has secured a contract to develop new multi‑mission features for France’s A400M military transport aircraft, working with the Organisation for Joint Armament Cooperation (OCCAR) and French defense authorities.

The unified 911 emergency hotline now serves more areas with operators who speak local languages, removing language barriers that slow help down.

SM Leisure Resort Residences (SM LRR), a unit of SM Prime Holdings Inc., is on track to complete and turn over Balea Suites, the second residential tower at Pico Terraces within the Hamilo Coast estate in Batangas, by the fourth quarter of 2027, as demand for resort-style secondary homes continues to gain traction among affluent buyers.