Security Bank Corporation’s consumer finance arm SB Finance Corporation (SBF) has forged a deal with Grab Philippines to offer personal loans to Grab users, driver-partners, and merchant-partners. Under the partnership, users of the Grab app can apply for an SB Finance personal loan of up to P2...
The Philippine government, in partnership with one of Thailand’s biggest agriculture and food conglomerates, has launched a credit program for local hog raisers affected by the dreaded animal disease African Swine Fever (ASF). In a statement, the Department of Agriculture (DA), Development Bank...
The local stock market declined for the third day due to absence of market-moving news. The PSEi dipped 18.01 points or 0.26 percent to close at 6,924.99 with only the Services and Mining and Oil counters advancing. PH STOCKS Volume remained thin at 1.36 billion shares worth P5.04 billion as losers...
San Miguel Corporation (SMC) reported that its “Ligtas Lahat” vaccination drive for A4 workers now covers major cities outside Metro Manila, where the company has significant operations and employees. 17959 From July 2 to July 8, the company, through partnerships with government agencies, local...
Jollibee Foods Corporation is investing in an industrial property developer by infusing P3.97 billion worth of land used by its commissaries to get a foot into the real estate investment trust space. Based on a disclosure to the Philippine Stock Exchange, Jollibee will infuse 16.4 hectares of...
Lopez-led First Philippine Holdings Corporation (FPH) started the rollout this week of its Covid-19 vaccines for employees and dependents as part of the conglomerate’s program to help assure the health of its workforce and support government’s overall aim to achieve herd immunity against the...
The local stock market continued to lose ground after failing to stay above the 7,000 level. The PSEi shed 49.43 points or 0.71 percent to close at 6,943.00 as share prices fell across the board with the Services counter leading the retreat. PH STOCKS Volume was anemic at 1.7 billion shares worth...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
San Miguel Corporation (SMC) said that it will start collecting toll fees on Skyway Stage 3 starting July 12, nearly seven months after providing free use of the elevated expressway to the public. SMC Skyway 3 (File photo/ MANILA BULLETIN) In a statement on Tuesday, July 6, SMC said it will use a...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) is eyeing to adjust the case rate for its coronavirus disease (COVID-19) benefit package. PhilHealth Spokesperson Shirley Domingo said that they will soon implement the...
The local stock market weakened despite the announcement of a lower inflation rate as investors opted to sell on news. PH STOCKS The main index dropped 43.95 points or 0.62 percent to close at 6,992.43 with the Property sector registering the biggest decline while the Services counter was the only...
