Companies

NNIC to start phased activation of Amadeus Immigration eGates at NAIA in December

New NAIA Infra Corp. (NNIC) will start activating new biometric immigration eGates at Ninoy Aquino International Airport (NAIA) in phases starting December, as part of ongoing efforts to improve passenger processing. The eGates — powered by Amadeus, a global travel-technology provider, and to be operated by the Bureau of Immigration (BI) — form part of an automated border-control system using …

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Denmark to revitalize PHL shipbuilding and repair industry

By Tracy Cabrera  Aiming for sustainable growth and global competitiveness, the Danish Embassy in Manila, together with the Maritime Industry Authority (Marina), Anti-Red Tape Authority (ARTA) and Department of Transportation (DOTr), will  spearhead an initiative to revitalize the local shipbuilding and ship repair (SBSR) industry. Marina Administrator Sonia Malaluan said the partnership with Denmark signals a new era of growth …

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PAGCOR donates more patient transport vehicles 

The Philippine Amusement and Gaming Corporation (PAGCOR) continued its support for local healthcare services with the turnover of 11 new Patient Transport Vehicles (PTVs) to local government units (LGUs) and institutions on Thursday, November 20, at the PAGCOR Corporate Office in Pasay City. The latest batch of beneficiaries includes the municipalities of Pandi (Bulacan), Barbaza (Antique), Ipil (Zamboanga Sibugay), Lubao …

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Manila Water expands access to WASH in Cebu, Davao del Norte

Manila Water Foundation (MWF), in collaboration with Manila Water Philippine Ventures subsidiaries Cebu Water and Tagum Water, together with Tagum Water District, Metro Cebu Water District, and Better with Water, continues to champion its mission of expanding access to water, sanitation, hygiene (WASH), and promoting environmental sustainability in Cebu Province and Davao del Norte. In Cebu, MWF and Cebu Water …

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GSIS underscores importance of member feedback  in making  institutional reforms

The Government Service Insurance System (GSIS) underscored the importance of direct member feedback in shaping institutional reforms as it gathered hundreds of stakeholders for the 2025 GSIS NCR Stakeholders’ Dialogue at the VS Hotel and Convention Center in Quezon City. “We are here to listen so we can better understand how to make your transactions with GSIS easier and more convenient,” …

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Peso hits new record low amid corruption worries, typhoon losses

The Philippine peso fell to a new record low of ₱59.17 to the dollar last week, weighed down by ongoing investigations into alleged corruption involving government officials, including senators and congressmen, as well as economic losses from recent typhoons. Experts said the peso is under pressure from strong demand for the US dollar and declining market confidence.  The currency, which …

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SEC approves MPTC P20-Billion bond offer

The Securities and Exchange Commission (SEC) has approved Metro Pacific Tollways Corporation’s (MPTC) bond offer of up to ₱20 billion, clearing the way for the company’s fixed-rate bond sale. The SEC en banc granted approval during its Wednesday meeting, allowing MPTC to offer bonds with a base of ₱15 billion and an oversubscription option of up to ₱5 billion, according …

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ERC to review power supply policies on ineligible costs

The Energy Regulatory Commission (ERC) is set to review its policies on the ineligible recovery of associated generation costs under power supply agreements (PSAs) to ensure retail power rates comply with the Electric Power Industry Reform Act (EPIRA) of 2001. During an open meeting streamed on Facebook last week, ERC Chairperson and CEO Francis Saturnino Juan cited a growing number …

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Recto Thanks Outgoing BIR Chief Lumagui, Welcomes Mendoza

Finance Secretary Ralph Recto on Thursday expressed gratitude to former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr., praising his leadership for making the agency “stronger and more credible.” Recto’s statement came a day after the Presidential Communications Office announced the appointment of Finance Undersecretary Charlito Martin Mendoza as the new BIR chief. He credited Lumagui for ensuring a …

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Insurance premiums grow 13% as more Filipinos get covered

More Filipinos are securing insurance coverage, with total premiums rising 13.2 percent year-on-year as of end-September, data from the Insurance Commission (IC) showed. The domestic insurance industry recorded total premiums of ₱372 billion by the end of the third quarter, up from ₱328.55 billion in the same period last year. This marks a notable jump from ₱242.84 billion at the …

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