Global commercial laundry giant Alliance Laundry Systems (ALS) is shifting its focus toward emerging markets in Southeast Asia, with a strategic emphasis on expanding its footprint in the Philippine laundromat market over the coming months. To mark this regional push, select members of the ASEAN...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, delivered a six-percent growth in net income to ₱7.8 billion in the first quarter of 2026 from the normalized profit of ₱7.4 billion in the same period last year due to higher earnings from its property and spirits...
The Philippines’ largest fintech industry group is backing the proposal by the Securities and Exchange Commission (SEC) to transfer regulatory oversight of lending and financing companies to the Bangko Sentral ng Pilipinas (BSP). Lito Villanueva, FinTech Alliance PH founding chairman, said the...
The Philippine Solar and Storage Energy Alliance (PSSEA) is calling on the government to establish a dedicated incentive framework for micro- and small-scale solar installers to lower costs and sideline the growing “informal” market of non-compliant providers. In a statement on Wednesday, May...
ILOILO CITY – The Panay Consumers Alliance (PCA) has urged the Iloilo City government under Mayor Raisa Treñas to address basic rights prior to becoming a “Human Rights City.” “It must go beyond declarations. It must be grounded in the conditions of the people, including those whose...
The Securities and Exchange Commission (SEC) reminded the public to verify the registration and authority of financing and lending companies, including their online lending platforms, prior to doing business with them amid the proliferation of scammers pretending to be lenders. This comes as the...
A multi-sector alliance endorsed on Wednesday, April 29, the Duterte–Singson tandem and launched the “Sara–Chavit 2028” nationwide caravan to rally support for the 2028 national and local elections. The coalition, composed of civic groups, business leaders, religious organizations, members...
Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) executive called for an overhaul of regulatory frameworks across Asia, urging authorities to move from static oversight to an active partnership model to accelerate digital financial inclusion. Speaking at the Money20/20 Asia conference in...
Alliance Global Group Inc. (AGI), the investment vehicle of billionaire Andrew Tan, reported a record net income last year, as gains from its real estate and leisure units helped offset the decline in consolidated revenue following the deconsolidation of its McDonald’s local franchise. In a...
Top township developer Megaworld Corp. is kicking off the ₱12-billion development of San Benito Private Estate in the next few months with the construction of roads, key infrastructure, and vital township components. The project, a 25-hectare (ha) integrated active wellness township located in...
Around 40 financial technology (fintech) companies are now phasing out one-time passwords (OTPs) in their security systems, as the financial industry races to meet the Bangko Sentral ng Pilipinas’ (BSP) midyear deadline for adopting more advanced anti-fraud systems. Lito Villanueva, founding...
CEBU CITY – No one could stop Vice President Sara Duterte from becoming the country’s next president. Lawyer Salvador Panelo, a staunch Duterte supporter, boldly declared this during the launching of the Cebu Alliance for Duterte 2028 on Friday, March 13, in a hotel here. Panelo, chief...
