More sugarcane farmers in Western Visayas are set to gain easier access to affordable credit and support services, as LANDBANK partners with Capiz Sugar Central, Inc. (CSCI) under the Bank’s Agrisenso Plus Lending Program. LANDBANK President and CEO Lynette V. Ortiz and CSCI President Terence S....
A sustainability session focused on climate-related financial disclosures was organized recently by Philippine National Bank’s (PNB) Corporate Sustainability Division, headed by Jean Baruelo, and attended by PNB’s Board and management. Geocel Olanday is the Chairman of PNB’s Sustainability...
Households and businesses face higher electricity bills this month after the country’s private grid operator raised transmission rates, driven by the double-digit surge in the cost of securing backup power reserves. Julius Ryan Datingaling, National Grid Corporation of the Philippines (NGCP)...
International Finance Corp. (IFC), the World Bank Group’s (WBG) investment arm, is investing $100 million in Union Bank of the Philippines’ (UnionBank) first sustainability bond to help the Aboitiz-led bank expand its green and social asset portfolio. In a disclosure to the Philippine Stock...
The revenue of the country’s information technology and business process management (IT-BPM) sector is expected to reach $50.5 billion by 2028, down 14 percent from its original target amid stronger competition and the increased adoption of artificial intelligence (AI). Based on the revised...
GAC International Philippines has officially joined the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), the premier organization of automakers and car manufacturers in the country. This milestone enables GAC Philippines to collaborate directly with industry stakeholders,...
For 22 years, the Cinemalaya Philippine Independent Film Festival has championed fearless storytelling and nurtured generations of Filipino filmmakers whose works challenge, inspire, and provoke meaningful conversations. This year, the country’s premier independent film festival returns with a...
The country’s largest group of employers is pushing for the expansion of benefit packages for direct contributing members of state-run Philippine Health Insurance Corp. (PhilHealth) as it calls for a revamp of what it described as an unfair system. In a statement on Monday, July 13, the Employers...
Former Budget secretary Amenah Pangandaman was tapped by President Marcos to be the chairperson and chief executive officer (CEO) of the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) as he believes that she can perform the job well. This was what Palace Press Officer and...
State-run Land Bank of the Philippines’ (Landbank) return to the capital markets in the second half of 2026 may have to be pushed back to early 2027, its top executive revealed. Landbank President and Chief Executive Officer (CEO) Lynette Ortiz told reporters on the sidelines of the launch of...
As Pasig City Mayor Vico Sotto addressed the University of the Philippines College of Law Class of 2026 as the guest of honor, he shared the 10 principles he personally lives by to preserve his integrity and avoid being “eaten by the system” in public service. On Saturday, July 11, Sotto shared...
Former Budget Secretary Amenah F. Pangandaman has been appointed chairperson and chief executive officer (CEO) of the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP). The state-owned lender announced the appointment on July 10, saying her leadership would accelerate the development...