The GSIS is distributing ₱3.93 billion in Christmas cash gifts to 411,692 pensioners beginning today. For the first time, pro-rata and Portability Law (RA 7699) pensioners are included, adding nearly 15,000 new beneficiaries.
The Philippines’ data infrastructure race kicked into higher gear as the Ayala-backed ML1 Data Center officially launched the first phase of its operations on November 28 in Biñan, Laguna, supported by incentives from the Board of Investments (BOI) under the CREATE Act.
Citicore Renewable Energy Corp. (CREC) has signed a ₱3.98-billion project finance loan with the Bank of the Philippine Islands to help complete its 113-megawatt Citicore Solar Pangasinan 2 project in Binalonan. BPI Capital Corp. acted as the sole lead arranger.
Agriculture Secretary Francisco Tiu Laurel Jr. signaled a major shift in the country’s rice import strategy on Wednesday, issuing an advisory that points to significantly lower import requirements for the first quarter of 2026.