Friday , 14 August 2026

Companies

Shell Pilipinas receives multiple accolades

SHELL Pilipinas Corporation has secured multiple accolades at the Asian Management Excellence Awards 2026 and the 2026 Asia-Pacific Stevie Awards, recognizing its impactful initiatives in employee well-being, sustainability, digital transformation, stakeholder engagement, and business innovation.  At the Asian Management Excellence Awards, the company won two top titles in the Oil & Gas sector for its Be Well program, which promotes …

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San Miguel Corp. brings Better Rivers PH cleanup to Mandaue

SAN Miguel Corporation (SMC) has expanded its long-running Better Rivers PH program to Cebu by launching the Butuanon River cleanup in Mandaue City, directly supporting the government’s Oplan Kontra Baha initiative.  The project targets a heavily silted four-kilometer section from the river’s mouth, which previously overflowed during Typhoon Tino in November 2025 and caused widespread local flooding. Funded entirely by …

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ACDI MPC acquires Cessna 408 SkyCourier

CLARK FREEPORT ZONE — The ACDI Multipurpose Cooperative (ACDI MPC) has announced the arrival of its newly acquired Cessna 408 SkyCourier last June 11 at the Clark International Airport, marking its strategic expansion into the aviation industry through its subsidiary, Leading Edge Air Services Corp. (LEASCOR). ACDI MPC, the largest cooperative in the Philippines, is owned by active and former …

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Pag-Ibig Fund offers low housing loan rates

Cheaper housing loans mean more Filipinos would be able to construct their homes and the government may finally close the housing gap. The Pag-Ibig Fund has cut housing loan rates to as low as 4.5 percent for homes priced above the socialized housing ceiling, offering qualified borrowers cheaper financing until the end of 2026. Pag-Ibig Fund said in a statement …

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Tollways merger finalized soon

Metro Pacific Tollways Corp. (MPTC) expects its merger with San Miguel Corp. to be completed by the third quarter, with negotiations moving into the valuation stage and San Miguel likely to emerge with a majority stake in the combined tollway business. “We are at the valuation stage, but we know we will really land 45:55 in their favor,” MPTC Chairman …

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World Bank cuts PHL growth forecast

The gloomy economic lay of the land in the Philippines has just been confirmed and validated by the World Bank. It was announced this week that the World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, still because of the global uncertainties caused by the war in West Asia. In its June 2026 …

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GSIS welcomes Ricardo Blancaflor as new Board chairperson

The Government Service Insurance System (GSIS) welcomed Atty. Ricardo R. Blancaflor as the new chairperson of its Board of Trustees on June 10, 2026, succeeding Rodney Del Rosario Jr. “The GSIS looks forward to working closely with Chairperson Blancaflor as we continue to strengthen the Fund, expand benefits for our members and pensioners, and pursue innovations that improve public service,” …

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DP World Launches Seagrass Restoration Initiative

On World Ocean Day (June 11, 2026), global logistics leader DP World launched its first global seagrass restoration initiative on Geoje Island, South Korea. Formalized through a Memorandum of Understanding (MOU) with the Korea Green Foundation and the Korea Fisheries Resources Agency (FIRA), the project kicked off with volunteers and local fishermen transplanting roughly 6,000 seagrass shoots along the Dadae …

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Lalamove Ride delivers 100 percent earnings to partner drivers

TO help partner drivers further maximize their earning opportunities amid the current economic crisis, Lalamove, the leading on-demand delivery and ride-hailing platform, is extending its 0%  commission scheme for its ride-hailing service, Lalamove Ride, until the remainder of 2026—a model that has been in place for six months, beginning last December of 2025. Launched in February 2025, Lalamove Ride started …

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Laguna Water champions student hydration and public health with drinking fountain donations in public schools

IN support of this year’s Brigada Eskwela and the reopening of schools for S.Y. 2026-2027, Manila Water Non-East Zone subsidiary Laguna Water donated refrigerated drinking fountains (RDFs) to six public schools in the municipality of Biñan, Laguna.  This is part of the Lingap Laguna project, which aims to provide access to clean and potable water in public spaces. In partnership …

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