MANILA, Philippines — SM Foundation has been recognized for its communications and reporting excellence at the Asia-Pacific Stevie Awards, held in Macao, earning one Gold and one Bronze distinction. The Foundation received a Gold Stevie® Award for its SM Foundation Social Good Report, under the category Innovation in Non-Profit/NGO Publications. The report was cited for presenting impact in a clear, engaging, and forward-looking format, reflecting the organization’s commitment to …

Tanduay has once again demonstrated its commitment to global excellence by winning top honors at the recent International Spirits Competition hosted by Enthusiast Report Magazine. The brand’s premium lineup was highly celebrated, led by the Tanduay Double Rum, which earned a prestigious Double Gold medal. This recognition highlights the brand’s strict quality control and its ability to produce spirits that consistently meet rigorous international standards. Several other …

The Philippine Amusement and Gaming Corporation (PAGCOR) on Tuesday, April 28, donated 12 patient transport vehicles (PTVs) to various local government units (LGUs) and an Army division at the PAGCOR Corporate Office in Pasay City. The beneficiaries include the cities of La Carlota in Negros Occidental; the provinces of Northern Samar and Ilocos Norte; the municipalities of Roxas, Culion, San …

IDfy has officially appointed Raghuraman “Raghu” Chandrashekhar as the new Country Head for the Philippines. This strategic move is part of the company’s broader expansion across Southeast Asia and comes at a time when the country is seeing a rapid shift toward mobile-first banking and digital onboarding. With his extensive regional experience and deep understanding of the local regulatory environment, Chandrashekhar is tasked …

Malacañang has underscored that the Bangko Sentral ng Pilipinas (BSP) remains the key institution responsible for managing peso stability, as the local currency continues to weaken against the US dollar and hit record-low levels. Palace Press Officer Claire Castro said the government views the peso’s depreciation as largely driven by external pressures rather than domestic economic weaknesses. She pointed to …

The Land Bank of the Philippines is rolling out a wider set of financial support measures to help cushion the impact of rising fuel prices, aligning its programs with the government’s Unified Package for Livelihoods, Industry, Food and Transport (UPLIFT). Land Bank of the Philippines President and CEO Lynette Ortiz said the bank is working closely with the Department of …

The Bureau of the Treasury (BTr) successfully raised ₱25 billion from a dual-tranche issuance of Treasury bonds on Tuesday, reflecting continued investor demand for government securities despite elevated interest rates. The Bureau of the Treasury sold reissued bonds across two tenors, including a four-year-and-two-month paper and a 10-year benchmark bond. The reissued four-year T-bond fetched an average rate of 6.741 …

BDO Unibank reported a modest rise in first-quarter earnings, posting a net income of ₱20.1 billion, up 2 percent from ₱19.7 billion in the same period last year, driven by steady growth across its core lending and deposit businesses. In a disclosure, the bank said net interest income increased by 11 percent, supported by strong expansion in consumer lending. Gross …

The state-owned Development Bank of the Philippines has extended a ₱2-billion loan to PH1 World Landscapes, Inc. to finance the construction of 8,360 housing units under the government’s flagship shelter program. The financing supports the Pambansang Pabahay Para sa Pilipino Housing (4PH) program of President Ferdinand Marcos Jr., which aims to expand access to affordable housing for Filipino families. DBP …

Suzuki Pasong Tamo, under the superb management of MG Gateway Mantrade Corp., is now open to deliver both convenience and quality service to Suzuki customers. Located at 2326 Chino Roces Avenue Extension in Makati City, Suzuki Pasong Tamo officially opened its doors today with a simple ceremony attended by top officials of Suzuki Philippines and MG Gateway Mantrade Corp. and …