The Bureau of Internal Revenue (BIR), Bureau of the Treasury (BTr), and UnionBank have signed a memorandum of agreement to integrate UnionBank’s UPay Facility into the national tax collection system, aiming to expand digital payment options for taxpayers. The partnership, signed Tuesday at UnionBank Plaza in Pasig City, seeks to provide convenient web- and mobile-based channels for paying taxes and …
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Land Bank of the Philippines and the Technical Education and Skills Development Authority (TESDA) have signed an agreement to enable digital disbursement of scholarship grants and training support funds for over 335,000 TESDA scholars. The memorandum of agreement was signed on Feb. 16, 2026 at the TESDA Central Office in Taguig City by LandBank President and CEO Lynette Ortiz and …
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Philippine National Bank (PNB) reported consolidated net income of ₱25.3 billion for full-year 2025, a 20% increase from 2024, boosting return on equity to 11.1%, up 70 basis points from the previous year. The strong performance was fueled by solid core business results, efficient balance sheet management, cost discipline, and operational efficiency. PNB’s loan portfolio expanded 15% year-on-year, led by …
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For Benedicto “Benny” Marra, loyalty isn’t just a value—it’s a way of life. Like millions of overseas Filipinos, Benny left home to provide for his family. While working as a mechanic in Riyadh, Saudi Arabia, he relied on BDO as his financial partner. “Life abroad is demanding, maraming hirap at na-aksidente pa ako. Pero kinaya ko lahat ng sakripisyo,” he …
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MAKATI CITY—LANDBANK has successfully raised ₱50 billion through its Agriculture, Sustainability, Environment, and Socioeconomic Development (ASENSO) Bonds, officially listed on the Philippine Dealing and Exchange Corp. (PDEx) on 16 February 2026. Proceeds will continue to finance projects that uplift communities, expand economic opportunities, and advance a more sustainable and inclusive future. LANDBANK President and CEO Lynette V. Ortiz, Securities and Exchange …
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TP in the Philippines and Globe Telecom recently celebrated 15 years of strategic partnership with an event themed “Celebrating a Crystal Partnership: 15 Years of Shared Success.” The occasion brought together executives, employees, and community partners to honor achievements, recognize outstanding contributions, and reaffirm a commitment to innovation and social impact. The celebration highlighted TP and Globe’s joint efforts in …
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The Philippine Postal Corporation (PHLPost), in partnership with the Office of Rep. Julienne “Jam-Jam” Baronda and the Department of Public Works and Highways (DPWH), formalized a strategic collaboration through a Memorandum of Cooperation (MOC) signed on February 12, 2026 aimed at upgrading postal facilities and delivering more efficient, accessible public services to communities nationwide. The PHLPost Acting Postmaster General and CEO Maximo C. Sta. Maria III, …
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Manila Water has commenced the commissioning of one of its mainline extension projects in Antipolo City, Rizal, reinforcing its commitment to providing safe, reliable, and sustainable water services to growing communities. The Mainline Extension of the 150mm Line at Hinapao–Tagbac, Antipolo City aims to deliver new water service connections to residents of Barangay San Jose, particularly the communities of Haustalk and Grand Monaco–Casa Mia. Construction of the project …
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Executive Secretary Ralph Recto and Finance Secretary Frederick Go, the duo most responsible for managing the Philippine economy, have placed their bets on Japan in charting the course of the economy in the next few years. The TMM Business Section came to this conclusion as the joint meeting of the 42nd PHILJEC-JPECC was held last Thursday, and the pre-conference welcome …
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THE Department of Public Works and Highways (DPWH) recommended the award of the P3.07-billion contract package 2 of the Bataan-Cavite Interlink bridge project to a consortium led by China Wu Yi Co. Ltd. In a recent resolution, the DPWH’s bids and awards committee (BAC) said the consortium of China Wu Yi, Jinan Urban Construction Group Co., Ltd. and CM Pancho …
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