Tag: Philippine Deposit Insurance Corporation (PDIC)

San Miguel Corp.-led New NAIA Infra Corp. (NNIC) has secured US government support to upgrade security screening systems at Ninoy Aquino International Airport, as the operator prepares the country’s main gateway for sharply higher passenger volumes.

Del Monte Pacific Ltd., led by the Campos group, saw its net income nearly triple in the first quarter of its fiscal year ending July, reaching $16.11 million (roughly P1 billion) from just $5.5 million a year earlier.

Visa and Maya have expanded their partnership to let users add Maya wallet cards to Google Wallet and use Google Pay across all Maya Visa cards—credit and wallet versions, both physical and virtual.

Cerberus Capital Management is looking to expand its Philippine investments after turning around the former Hanjin shipyard in Subic, where investments by the US firm and its tenants have reached USD500 million and created about 6,000 jobs.