Tag: SWS

President Ferdinand R. Marcos Jr. lauded the Bureau of Customs (BOC) for its instrumental role in the Philippines’ successful removal from the Financial Action Task Force (FATF) Grey List, ending a three-year effort to meet global anti-money laundering and counter-terrorism financing standards. The President cited BOC’s enhanced monitoring of cross-border cash movement as a major contributor to the country’s compliance with FATF action items. He recalled issuing a directive in October 2023 instructing key government agencies—including the BOC—to implement reforms aligned with the FATF’s recommendations.

Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.

Axelum Resources Corp., a leading exporter of premium coconut products, has signed a power supply agreement with First Gen Corp. for up to 5.2 megawatts (MW) of geothermal energy, underscoring Axelum’s shift toward renewable energy (RE) to support its sustainability and operational goals.

The National Food Authority (NFA) began unloading 35,000 bags of well-milled rice in Cebu on Monday, marking a major step in the pilot rollout of President Ferdinand Marcos Jr.’s P20-per-kilo rice program in the Visayas.