Tag: RCBC

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Markets flex muscles, test mental ceilings

Markets Context.ph Context.ph -
The Philippine Stock Exchange index has kicked off 2026 with a swagger, finally muscling its way out of the long-suffocating 5,800–6,100 range. 

Sumitomo Mitsui raises stake in RCBC for P6.4B

Banking & Insurance Context.ph Context.ph -
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has raised its stake in Rizal Commercial Banking Corp. (RCBC), acquiring an additional 4.46 percent equity interest worth P6.4 billion and boosting its total ownership to 24.46 percent.

RCBC backs Yuchengco solar power venture

Energy & Mining Context.ph Context.ph -
Yuchengco-led Bugallon Green Energy Corp. (BGEC) has secured a P826-million loan facility from Rizal Commercial Banking Corp. (RCBC) to finance the 18.56-megaWatt alternating current Bugallon Solar Power Project (BSPP) in Pangasinan.

RCBC names ex-finance chief Dominguez as independent director

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender by assets, has elected former Finance Secretary Carlos Dominguez as an independent director.

Fresh River Lakes secures ₱15-B loan facility

Banking & Insurance Context.ph Context.ph -
Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 
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Ayala, CP Axtra expand Makro’s reach

Corporate 0
The Ayala Group has signed a cooperation deal with Thailand’s CP Axtra to improve Makro malls in Thailand, combining Ayala’s property expertise with CP Axtra’s retail network.

PEZA woos Australian firms, expansions accelerate

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) is stepping up its push to position the Philippines as a regional digital services and innovation hub, using the Digital Health Festival 2026 in Melbourne as a platform to court fresh Australian investments while securing expansion commitments from existing locators.

DA, NFA secure milling services in Bicol to boost palay purchases, food security

Agriculture 0
The Department of Agriculture (DA) and National Food Authority (NFA) have contracted six rice millers in Albay and Sorsogon to process over 114,000 bags of palay into roughly 74,600 bags of rice. Worth P19.1 million, the project aims to expand government rice reserves, free warehouse space, and support the low-cost rice program amid rising inflation.

DOTr steps up road safety drive to cut casualties

Transport & Logistics 0
The Department of Transportation (DOTr) is strengthening safety measures and enforcement to reduce road deaths, with special attention to pedestrians and cyclists. The move follows an order from President Ferdinand Marcos Jr. to improve road discipline and make the transport system more inclusive.

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