Business

Telecom giant Philippine Long Distance Telephone Co. (PLDT) financial technology unit FINTQ and affiliate Smart’s Voyager Innovations are targeting to include 30 million Filipinos into the financial system by 2020 through a project in collaboration with the Liga ng mga Barangay (Liga), the association of local government units with the largest membership representing barangays nationwide.

The regulator Governance Commission for Government –owned and/or –controlled corporations (GCG) and the Institute of Corporate Directors (ICD) gave the Philippine Deposit Insurance Corp. (PDIC) the highest score in the Corporate Governance Scorecard for GOCCs for 2016.

By Riza Lozada Universal bank BDO Unibank Inc. is pioneering the issuance of so-called green bonds after re- cently raising $150 million from process.

Five consortia were shortlisted as contractor for the P12.5 billion expansion project of the Clark International Airport which is being developed as an alternative gateway to the Ninoy Aquino International Airport (NAIA).

The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest trade group, fears that the Senate’s version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill would drag instead of improving competitiveness of local businesses.

After eight years of shared commitment and solid partnership, Philippine Seven Corp (PSC), the exclusive licensor of global convenience store chain giant 7-Eleven, and Chevron Philippines Inc. (CPI), the marketer of the Caltex fuel brand, marked opening of the 100th 7-Eleven-Caltex store at the Aseana Square along Macapagal Avenue in Pasay City.

With Eastern Communications, it’s always about a strong and personal connection was the promise of Eastern Communications as it recently relaunched the brand through its “Our Strong Connection” campaign after 138 years in the telecommunications business.

By Riza Lozada The Department of Budget and Management (DBM) was awarded as the sole FOI Champion agency for its outstanding commitment in ensuring transparency in public service in the recently concluded 2017 Freedom of Information (FOI) annual awards. Budget Secretary Benjamin Diokno along with Undersecretary Lilia Guillermo, received the award in behalf of the agency during the recognition ceremony …

State-owned Development Bank of the Philippines (DBP) was recently presented with an award of excellence by the Governance Commission for GOCCs and the Institute of Corporate Directors for achieving one of the highest scores on the Corporate Governance Scorecard (CGS) for government-owned and controlled corporations.

Commercial bank Philippine National Bank (PNB), which has 600 branches nationwide, will double its loan window facility in Southern Mindanao next year to provide more small and medium entrepreneurs (SMEs) access to financing.