Wednesday , 2 September 2026

Companies

₱78 B paid to gov’t by NAIA operator

The New NAIA Infrastructure Corp.  (NNIC), the private operator of the Ninoy Aquino International Airport (NAIA) has remitted ₱78 billion to the government since winning the bid and taking over the operations of the principal gateway two years ago. The corporation, a consortium led by San Miguel Corp., also put in almost ₱7 billion in modernization efforts of the airport. …

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Manulife and Chinabank Strengthen Alliance as CEO Visits Manila

Manulife’s President and Chief Executive Officer, Phil Witherington, recently visited Manila to meet with Chinabank’s executive leadership team, celebrating the enduring bancassurance partnership between Manulife Philippines and Chinabank via Manulife China Bank Life Assurance Corporation (MCBL). This high-level meeting builds directly upon the renewed 15-year agreement signed in 2025, which extends their successful alliance that originally began back in 2007. …

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PH bank deposits hit P22-T as of Q1 2026

Bank deposits in the Philippines surged by nearly double digits, growing 9.8% year-on-year to reach P22.04 trillion by the end of March 2026. According to the Philippine Deposit Insurance Corporation (PDIC), this marked a notable acceleration from the 5.3% growth recorded the previous year, following the doubling of the maximum deposit insurance coverage (MDIC) to P1 million in March 2025. …

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The heroes who deliver: Lalamove continues to give recognition to partner drivers

For the everyday drivers and riders navigating volatile fuel prices to move people and parcels, perseverance in the face of high costs is a quiet form of heroism. Recognizing this relentless dedication, Lalamove Philippines has launched the second installment of its “Heroes Behind the Wheel” campaign for National Heroes Day. This initiative honors the backbone of its delivery and ride-hailing …

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Sagip CPR Expands Training to Prepare Hospitality Personnel for Emergencies

At a crowded resort pool or along a busy beachfront, an emergency can unfold without a shout. A person experiencing drowning may be unable to call for help or wave their arms. By the time distress is noticed, the lifeguard, security officer, pool attendant, or guest service employee nearby may become the first person expected to act. Recognizing this vital …

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More Filipinos are using insurance this year

Philippines’ insurance penetration rose to 1.96 percent in the second quarter of 2026, up from 1.79 percent from the same period last year, based on the latest Insurance Commission (IC) data. Insurance density also went up by 15.24 percent to PHP2,468.63 per person from the PHP2,142.19 recorded last year. Insurance penetration is the ratio of total insurance premiums collected to …

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ICTSI East Java seeks stronger trade links in Indonesia

East Java Multipurpose Terminal (EJMT), the Lamongan operation of International Container Terminal Services, Inc. (ICTSI), recently hosted industry representatives to explore trade opportunities between East Java and Eastern Indonesia. The dialogue specifically focused on enhancing freight development, market access, and transport connections through Lamongan. Discussions during the meeting centered on cargo flows between production centers and consumer markets, access to domestic and …

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TransUnion 2026 Credit Perception Index Launch

TransUnion’s 2026 Credit Perception Index (CPI) report reveals that the Philippines’ credit score reached a record-high 75 out of 100, driven by notable increases in product trust, favorability, and knowledge. This growth occurred despite consumer financial confidence softening to a four-year low due to ongoing pressures from inflation, energy prices, and rising living costs. To adapt to these economic challenges, …

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AFP MEDICAL CENTER FETES SMFI’s UY

SM Foundation, Inc. Project Manager for Health and Medical Programs Mr. Albert Uy (center) is joined by BGen Erickson L. Gob, Commander, AFP Medical Center, (left) and Col Jose Rosel R. Reduble MC (MNSA) – Chief, VLGH during the Stakeholders’ Night 2026 to honor valued partners of the Medical Center, Armed Forces of the Philippines. Uy was among 25 valued …

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2GO Strengthens Connections to Support Mindanao’s Next Chapter of Growth 

2GO reaffirmed its commitment to Mindanao’s economic growth at the 35th Mindanao Business Conference in Cagayan de Oro City. Chief Operating Officer and Chief Financial Officer William Howell emphasized that connectivity is a crucial enabler for a future-proof, inclusive regional economy, noting Mindanao’s vital contributions to agriculture, manufacturing, and tourism. To bridge geographic gaps and unlock the region’s full economic …

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