The House of Representatives has approved on second reading a bill amending the country’s bank secrecy law, which was passed several decades ago. The new measure allows the Bangko Sentral ng Pilipinas (BSP) to look into the accounts of bank officers and employees involved in illegal financial activities. House Bill 6707 aims to fight tax evasion, money laundering, and other …
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Security Bank ramps up CSR projects
Security Bank is scaling up efforts to help the communities it serves. The bank is committed to provide tangible support for livelihoods, education, culture, and the environment. From agriculture to disaster response, Security Bank’s initiatives reached communities often left at the margins of growth. In Aklan, the Bank supported 40 solo parents and smallholder farmers by providing cacao seedlings, poultry …
Read More »Visa partners with LANDBANK on gov’t digital payments
Visa, a global leader in digital payments, has signed a strategic agreement with LANDBANK, a policy bank driving inclusive and sustainable development and among the country’s largest banks in terms of assets. This will expand digital payment acceptance across key government channels, enabling fast and secure digital transactions for various government services and supporting the government’s vision of a cash-lite …
Read More »Visa, LANDBANK sign partnership to accelerate digital payment acceptance across government platforms
Philippines – Visa (NYSE: V), a global leader in digital payments, has signed a strategic agreement with LANDBANK, a policy bank driving inclusive and sustainable development and among the country’s largest banks in terms of assets. This will expand digital payment acceptance across key government channels, enabling fast and secure digital transactions for various government services and supporting the government’s …
Read More »AGCT strengthens Rijeka Port with acquisition of new quay cranes
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) operation in Croatia, formally presented its new quay cranes to industry partners, shipping line representatives, freight forwarders, rail operators and other stakeholders in the Rijeka transport corridor on December 11. The ceremony was also attended by representatives of the Ministry of the Sea, Transport and Infrastructure, customs, regional and …
Read More »TLG, OMNI launch nationwide volleyball development league
In an effort to shape up the next generation of Filipino volleyball talent, The Lighthouse Group (TLG) has enlisted support from OMNI Electrical & Lighting to launch the National Grassroots Volleyball League (NGVL) — a nationwide developmental volleyball conference for girls under 16 years old. With volleyball experiencing unprecedented popularity across the Philippines, the NGVL aims to fill a long-standing …
Read More »ICTSI to invest R$948 million to expand, modernize Rio Brasil Terminal
The Minister of Ports and Airports, Silvio Costa Filho, has announced a new private investment of R$948 million in works to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. The project, which will be executed between 2025 and 2029, will increase the public terminal’s operational capacity by 70.5%, from the …
Read More »Manila Water, MSpectrum complete installation of of 3.8 MWp solar capacity
MANILA Water, in partnership with MSpectrum, has completed the physical installation of an additional 3.8 megawatts-peak (MWp) of solar capacity across 10 key facilities. This milestone reinforces the company’s commitment to sustainability and its journey toward integrating renewable energy into its operations. The installation utilizes a Grid-Tied system, with the generated solar energy strictly dedicated to Manila Water’s “Own-Use”, subject …
Read More »Happy to serve, even through storms: The synergy behind SM’s disaster response
SM Supermalls Regional Operations Head for Bulacan and CAMANAVA, Ana Datu, an SM employee-volunteer, delivers immediate relief to a resident impacted by flooding. In a country visited by an average of 20 typhoons a year and prone to earthquakes, communities across the Philippines often face the daunting task of having to rebuild lives overnight. During these moments, collaboration becomes a …
Read More »DAR lauds Landbank for commitment to agricultural development
THE Department of Agrarian Reform (DAR) lauded LandBank for its unwavering commitment to agricultural development and rural progress during the opening of the 2025 Agraryo Trade Fair (ATF) on December 1 at Gateway Mall 2, Quezon City. In a press conference at the event, DAR Secretary Conrado M. Estrella III highlighted LANDBANK’s pivotal role in uplifting small farmers, fishers, and …
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