Tag: Xurpas

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Xurpas to establish subsidiary offering services in Australia

Communications & Technology Context.ph Context.ph -
Xurpas Inc., a Philippine-listed technology company that specializes in making digital products and services for mobile-end users, said its board on Friday approved the establishment of a wholly owned subsidiary that will market its products and services in Australia.

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PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

Banking & Insurance 0
The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

Banks to build releasable capital buffer for crisis lending 

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

Transport & Logistics 0
The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Agriculture 0
Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.

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