Following the destructive typhoons that hit the Philippines, the national government is gearing up to tap half a billion dollars in climate funding from the Washington-based World Bank. According to the Department of Finance’s (DOF) Facebook post on Thursday, Nov. 20, the national government is...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
More than 3,000 overseas Filipino workers (OFWs) and their families gathered at The Tent in Villar City for the 14th OFW and Family Summit. The event, which happened last Nov. 14, 2025, is annually organized by the Villar Foundation to honor and empower Filipino migrant workers. Members of the...
Century Properties Group Inc. (CPG) posted a 17-percent hike in net income to ₱2.1 billion in the first nine months of 2025 from ₱1.8 billion in the same period in 2024, as its affordable housing unit continues to generate strong sales. In a disclosure to the Philippine Stock Exchange (PSE),...
LT Group Inc. (LTG), taipan Lucio Tan’s holding company for Philippine investments, reported a 15-percent growth in attributable net income to a record-high ₱22.57 billion for the first nine months of 2025, as almost all subsidiaries posted higher profits. In a disclosure to the Philippine...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a robust 24-percent year-on-year growth in net income in the first nine months of 2025 to ₱24.8 billion, boosted by a one-time gain and strength of its core businesses. In a disclosure to the Philippine...
Hong Kong-based investment holding firm First Pacific Co. Ltd. expects its earnings to continue its upward trajectory through increased contributions from its Philippines businesses, Philex Mining Corp., and digital bank Maya. In a virtual investor conference, First Pacific stated that the two...
BUTUAN CITY – The Police Regional Office-10 arrested an alleged logistics provider of the Dawlah Islamiyah-Maute Group and former kidnap-for-ransom group leader in Balo-i, Lanao del Norte, on Thursday, Nov. 6. The 56-year-old suspect was apprehended on warrants for kidnap-for-ransom, frustrated...
Tycoon Manuel V. Pangilinan is not ruling out plans to revive Smart Money, a pioneer in the mobile wallet space, despite the executive leading its comeback having since stepped down. Pangilinan, chairman and chief executive officer (CEO) of Smart Communications Inc., said the company still...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
(UPDATED) They took off in the middle of a storm, not for combat but for compassion. Their mission was to assess the damage left by Typhoon “Tino” and determine what help was needed most. It was supposed to be a routine Rapid Damage Assessment and Needs Analysis (RDANA) flight but it ended in...
Global headwinds for its scotch business dragged down earnings for Emperador Inc., the spirits unit of Alliance Global Group, with attributable net income slipping to ₱4.68 billion in the first nine months of the year from ₱4.79 billion a year ago. In a disclosure to the Philippine Stock...
