Companies

The Government Service Insurance System (GSIS) is now accepting applications for its emergency loan from active members and old-age and disability pensioners all over the country. This comes on the heels of President Ferdinand Marcos Jr.’s declaration of a nationwide state of calamity due to Typhoon Tino and in anticipation of Typhoon Uwan. “As our kababayans reel from the wide …

The Bureau of Internal Revenue (BIR) has filed tax evasion charges before the Department of Justice against three former officials of the Department of Public Works and Highways (DPWH) – Bulacan 1st District Engineering Office. Named respondents were former District Engineer Henry Alcantara, former Assistant District Engineer Brice Ericson Hernandez, and former Construction Section Chief Jaypee Mendoza. “We conducted a …

An official of publicly-listed D&L Industries Inc. expressed confidence that the company will achieve its 10 percent income growth target this year after posting an 8 percent increase in the first nine months, driven by strong volume expansion. In a media briefing last week, D&L Industries president and chief executive officer Alvin Lao said the company’s volume grew by 11 …

NorthPort, the Philippines’ lead gateway for domestic cargo operated by International Container Terminal Services, Inc. (ICTSI), takes a significant step toward more sustainable operations with the conversion of its rubber-tired gantry (RTG) cranes into hybrids. The conversion enables the RTGs to operate more efficiently while reducing the terminal’s carbon footprint. Six RTGs were converted into hybrids by replacing their diesel …

The Securities and Exchange Commission (SEC) has imposed a  ₱1-million fine on Surity Cash Lending Investors Corporation for engaging in unfair debt collection practices through its mobile lending platform. In a decision dated September 16, 2025, and approved by the Commission En Banc, the SEC found Surity Cash guilty of three counts of violating SEC Memorandum Circular (MC) No. 18, …

The Philippine Amusement and Gaming Corporation (PAGCOR) inaugurated last week a new socio-civic center in Barangay San Gregorio, Laurel, Batangas — a facility designed to serve as both an evacuation site during disasters and a venue for community activities. In a statement, PAGCOR said the two-story, ₱50 million building features multipurpose halls, kitchens, restrooms, and other disaster-resilient amenities to ensure …

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has entered into a tripartite agreement with South Korea’s Yooshin Engineering Corporation and the Philippines’ Lordsbridge Resources Corporation to develop the Casiguran International New Port in Aurora. The memorandum of agreement was signed Tuesday by APECO President and CEO Atty. Gil Taway IV, Yooshin Director and Philippine Regional Representative Jin Ho …

The Manila Electric Company (Meralco) reported a 14-percent increase in consolidated core net income (CCNI) to ₱40 billion as of end-September 2025, driven by strong performance of its power generation business. In a disclosure to the Philippine Stock Exchange on Monday, Meralco said its distribution utility (DU) business remained the biggest income contributor, accounting for 55 percent or ₱21.9 billion …

The Government Service Insurance System (GSIS) assured the public on Thursday that its investment operations are guided by strict governance standards and multiple layers of safeguards to ensure the prudent management of its members’ contributions. Speaking at *The Agenda* media forum, GSIS President and General Manager Wick Veloso emphasized that transparency and discipline are at the core of the pension …

Maya Philippines Inc. has launched Maya Stocks, a new feature that allows users to participate in initial public offerings (IPOs) directly through the Maya app — making investing in newly listed companies faster and easier than ever. The fintech firm said upgraded users can now open and fund a brokerage account within minutes, view available IPOs, and subscribe through participating …