In no uncertain terms, the state-controlled Land Bank of the Philippines debunked any irregularities regarding the release of millions of pesos meant to fund flood control projects, which were instead allegedly pocketed by private and public, elected and appointed, individuals. As a significant...
ILOILO CITY – The 3rd Infantry Division of the Philippine Army and the Australian Defense Force (ADF) have kicked off joint military exercises in Capiz province. “These exercises strengthen not just interoperability but trust, understanding, and friendship between our soldiers. Australia has...
DUBAI, United Arab Emirates —Philip Morris International (PMI) is exploring potential investments in the Philippines that would make the country a critical component in the tobacco giant’s vision for a smoke-free future, leveraging its strong regulatory framework and attractive business...
Have you ever gotten a “business proposal” promising to double your money, or a text saying you’ve won a prize but need to deposit a small sum first? Sadly, scams are so common, reminding us that financial literacy is essential. Education has always been called the great equalizer. It...
The Management Association of the Philippines (MAP) has selected business tycoon Hans Sy, who chairs the executive committee of SM Prime Holdings, as the recipient of the group’s “Management Person of the Year.” In a statement, the MAP announced that Sy is the 49th recipient of the...
The Girl Scouts of the Philippines (GSP) is set to mark its 85th anniversary with a nationwide celebration through the “Run as One: 85 Years in the Running” Fun Run on October 12 at the Quirino Grandstand in Manila. In a statement, GSP said the fun run will bring together Girl Scouts, alumnae,...
Securities and Exchange Commission (SEC) Chairman Francis E. Lim pointed to corruption as “a weapon of mass wealth destruction” as investigations into anomalous flood control projects have eroded investors ' confidence to the extent ₱1.7 trillion in market capitalization has been wiped...
Alfamart Philippines, the minimart chain of the SM group, is ramping up its nationwide expansion with the launch of its franchising program, which also opens doors for the growth of micro, small, and medium enterprises (MSMEs). SM Investments Corp.said Alfamart’s pilot began in Laguna with two...
Each island of the Philippines has something unique to offer. Whether it’s food, design, or performance, these cultural gems make the country 's heritage ever vibrant—and that’s all thanks to the Filipino creatives who push them forward. It’s an understatement to say that the...
The Philippine Red Cross (PRC) on Tuesday, October 7, said it continues to deliver life-saving humanitarian assistance to communities in Cebu affected by the 6.9-magnitude earthquake, a week after the powerful tremor struck the province. Despite responding to three disasters simultaneously, the...
Five Filipina chief executives in financial services and real estate were named in Fortune Magazine’s 100 Most Powerful Women in Asia list for 2025. Named to the list are: Martha Sazon of Mynt-Gcash (#37), Anna Ma. Margarita Bautista Dy of Ayala Land Inc. (#69), Lynette V. Ortiz of Land Bank of...
Since 2022, artificial intelligence (AI) has begun to transform the Philippine economy—not as a futuristic concept, but as a current and measurable force. Generative AI tools are already reshaping the business landscape, from finance and marketing to logistics and customer service. Local...