The Government Service Insurance System (GSIS) will release more than P19 billion under its Balik Ginhawa (Loan Moratorium Through Refund) program, benefiting 1.37 million members and pensioners with active loan accounts. GSIS data show that monthly loan amortizations range from ₱4,000 to ₱39,000, depending on the loan amount, equivalent to roughly ₱12,000 to ₱117,000 over three months. The program covers …
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Malampaya to deliver gas by 4th quarter
Prime Energy Resources Development B.V., the operator of the Malampaya deep water gas-to-power project, said it is on track to start producing gas by the first quarter this year following the completed drilling of one of the wells. Prime Energy said it had a successful drilling, completion, and flow test of the Camago-3 well in offshore Palawan. According to the …
Read More »PAL suspends 5 more routes
Philippine Airlines is temporarily suspending flights on five more routes — two international and three domestic — as the Middle East conflict continues to rattle the aviation sector. The flag carrier announced on March 26, that it will suspend its Cebu-Guam flights starting April 16 and Cebu-Ho Chi Minh City service beginning April 19, both until further notice. The Ho …
Read More »PEZA: Key to national economic resilience
The Philippine Economic Zone Authority (PEZA) marks its 31st anniversary with renewed optimism, highlighting its enduring role as a cornerstone of the country’s investment strategy and economic resilience. Established in 1995, PEZA has grown into one of the Philippines’ most effective investment promotion agencies, credited for attracting billions of dollars in foreign direct investments and generating millions of jobs across export-oriented industries. From its …
Read More »90th SM mall opens
SM Prime Holdings Inc. will open its 90th mall in the country on March 20, boosting further its retail presence in Mindanao. SM City Zamboanga, SM’s eight mall in Mindanao, is a four-level development that will add more than 42,000 square meters of gross leasable space to Zamboanga City’s retail landscape. “Zamboanga is a strong and growing market. This expansion …
Read More »DMCI allocates P24.6 B capex
DMCI Holdings Inc. plans to spend P24.6 billion this year to support residential construction, expansion in the off-grid power and strategic improvements in cement operations. DMCI Homes is expected to account for 65 percent of aggregate capital expenditures, with up to P15.5 billion allocated for ongoing and new project construction and land banking, subject to market conditions. DMCI Power intends …
Read More »MREIT’s P16.2B asset infusion OK’d
MREIT Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval ahead of schedule for its fourth wave of asset acquisitions. This allows the firm to proceed with a major expansion of its office portfolio. In a disclosure on Thursday, MREIT said the Securities and Exchange Commission cleared its Wave 4 property-for-share swap transaction. This paves the …
Read More »LANDBANK digital transactions hit P4.41T, up 30% in 2025
LANDBANK continues to push a cash-lite economy through its Cash-Lite Campus Program by enabling students to open LANDBANK accounts via the Mobile Banking App (MBA) and equipping campus partners and merchants with digital payment systems. Public trust in digital banking continued to strengthen in 2025 as LANDBANK recorded a 27% rise in the usage of its digital platforms. The Bank …
Read More »Felicidad Sy Foundation Unveils Digital Transformation Center
Silang Cavite – The Felicidad T. Sy Foundation Inc. recently unveiled the Felicidad Sy Hall, a Digital Transformation Center at the Sisters of Mary School. The facility is designed to equip students with industry-relevant skills in areas such as artificial intelligence, automation, cloud computing, and data analytics, strengthening their readiness for the evolving workforce. The project is a collaboration among …
Read More »ALPLA celebrated the opening of its plant in Calamba City
State-of-the-art machinery for the production of plastic bottles and closures ALPLA is opening its first base plant in the Philippines, thereby expanding its portfolio in the growth region of Asia-Pacific (APAC). Since summer 2025, the global packaging specialist has been manufacturing high-quality plastic bottles and closures in Calamba City. On 19 March 2026, ALPLA celebrated the official opening of the plant together with 80 guests. …
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