Development Bank of the Philippines (DBP) said it will request an extension of regulatory relief from the central bank, following its investments in the Maharlika Investment Fund (MIF), while the Land Bank of the Philippines (Landbank) does not see the need for it. On the sidelines of the 2025...
Tanco-led DigiPlus Interactive Corporation aims to launch operations in Brazil's $2 billion online gaming market by the fourth quarter of this year, leveraging the success of its Philippine online betting platform, ArenaPlus. Celeste Jovenir, DigiPlus vice president for investor relations, said the...
More and more real estate developers are utilizing mobile apps in property management to reach a wider audience faster and more efficiently and improve engagement with sellers, tenants, and agents. Integrating mobile apps as a medium can elevate and streamline the delivery of services and...
State-owned Bases Conversion and Development Authority (BCDA) has authorized its subsidiary, Poro Point Management Corp. (PPMC), to manage the interim operations of the San Fernando Seaport in La Union. In a statement on Friday, Jan. 3, Joshua M. Bingcang, BCDA president and chief executive...
Residents of the Sitio Hemedez community in Sta. Rosa, Laguna were able to receive vital healthcare thanks to a recent medical mission conducted by Mitsubishi Motors Philippines Corporation (MMPC). Organized in partnership with its healthcare provider, SSMC Group of Hospitals and Clinics, the...
Tanco-led DigiPlus Interactive Corporation’s wholly owned subsidiary DigiPlus Brazil Interactive Ltda. has secured an online gaming license that will allow it to penetrate the $2 billion Brazilian market. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the Brazil government...
The Asialink Group of Companies has announced a reorganization of its leadership team, effective in 2025, as the company sets its sights on growth in its core businesses and expansion into new markets, particularly in small and medium enterprise (SME) lending. "Team Asialink is clear-eyed on our...
RCBC Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva shares insights on leveraging technology and partnerships to strengthen digital trust and combat cyber threats during the expert panel at the Digital Nation Summit, held at Bonifacio Hall, The Fort, Manila....
San Miguel Corp. (SMC) has opened a new northbound exit at the Maria Clara Road in its Skyway Stage 3 project in Quezon City to alleviate traffic congestion at the Quezon Avenue exit. In a statement, SMC said the new exit, which opened at 6:00 AM on Saturday, Dec. 28, is expected to improve traffic...
Renewable energy real estate investment trust Citicore Energy REIT Corporation (CREIT) announced plans to complete 32 clean power projects across Luzon and Visayas within the next five years. In a three-year investment strategy report filed with the Philippine Stock Exchange, CREIT stated that...
The International Finance Corp. (IFC) has extended a $150-million loan package to Asialink Finance Corp. (AFC) so it can lend to small, especially women-owned, businesses in the Philippines. The Washington-based private-sector lending arm of the World Bank Group (WBG) disclosed on Dec. 26 that the...
The Philippine Stock Exchange, Inc. (PSE) is set to reshape the country's capital markets with its acquisition of a controlling stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement on Thursday, Dec. 26, the PSE announced that it had signed agreements to acquire a 61.92...
