Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (left) administers the oath of office to Department of Finance Secretary Benjamin E. Diokno as President Ferdinand R. Marcos, Jr.’s designated Cabinet member representative to the Monetary Board (MB). Secretary Diokno, who was previously the MB Chairman and Governor of the BSP, is the sixth member of the central bank’s policy-making body chaired by BSP Governor Medalla.

Solaire Resort & Casino, the Philippines’ leading luxury integrated resort formally topped off its anticipated second property situated in Vertis North, Quezon City last July 25, 2022. Officially named “Solaire Resort North”, the addition to the Solaire brand aims to capture and cater to the northern and eastern markets of Metro Manila and the National Capital Region. Solaire Resort North …

Students, public utility vehicle drivers, vendors, household helpers, farmers, fishers, and other unbanked and underserved Filipinos can now open a LANDBANK PISO account with just P1.00 as minimum initial deposit. The Land Bank of the Philippines (LANDBANK) offers a new product to help bring more unbanked and underserved Filipinos—including students, public utility vehicle drivers, vendors, household helpers, farmers, and fishers—into …

Metropolitan Bank & Trust Co. (Metrobank) has expanded its partnership with remittance company PERA HUB, allowing individuals to conveniently send money to Metrobank account holders nationwide. With this service, individuals who need to send cash to Metrobank account holders simply need to: Head to the nearest PERA HUB branch;Accomplish their remittance form; and Show one (1) valid ID to the PERA …

The fully-airconditioned, brownout-free facility will have its own landscaped garden lawn with panoramic sea views Megaworld subsidiary Global-Estate Resorts, Inc. (GERI) is opening its Boracay Newcoast Convention Center (BNCC) this month, right within its expansive 150-hectare Boracay Newcoast in the eastern part of Boracay Island.  The 1,200-seater convention facility is a modern tensile structure that can be divided into three …

From its humble roots as one of the first successful port privatization stories in the Philippines and in Asia, International Container Terminal Services, Inc. (ICTSI) has emerged as the top wholly-independent global terminal operator (GTO) with a portfolio that spans all six continents. Leading independent maritime research and consulting firm Drewry, in its Global Container Terminal Operators Annual Review and …

SM Supermalls and Commission on Elections (COMELEC) have officially teamed up to provide voters with more registration venues at SM. After signing a Memorandum of Agreement for the Barangay and Sangguniang Kabataan (SK) Election last July 19, 2022 at the Event Center of SM City Manila, COMELEC has opened satellite registration centers in SM Supermalls nationwide. In attendance were Comelec …

Metropolitan Bank & Trust Co. (Metrobank) bagged the ‘Best Bank in the Philippines’ award at the recently held Euromoney Awards for Excellence 2022, solidifying its strong position and reliability as the country’s second largest bank. “A changing of the guard this year as Metrobank pushes aside other local banks to post the best numbers in a mercurial year. Metrobank’s story …

Despite the challenges posed by the global pandemic and a more competitive spirits market, Tanduay managed to outsell other rum brands and win its fifth consecutive World’s Number Rum 1 award.  Lucio Tan III, who took the reins at Tanduay just as the Philippines and the rest of the world dealt with COVID-19, led the company in selling 23.7 million …

The City of Smiles and the World’s Number 1 Rum have joined forces again to host the country’s Rum Festival. In a press conference, the Bacolod City Government and Tanduay announced their partnership in staging the Tanduay Bacolod Rum Festival from August 12-20. Bacolod and Tanduay first staged the festival in 2019 to pay homage to the province’s sugarcane industry. …