Saturday , 12 September 2026

Business

Gov`t delays issuance of retail treasury bonds

While the Philippines still plans to issue retail treasury bonds or RTB this year, the Bureau of Treasury is biding its time. They are awaiting for more favorable market conditions, which might not occur, because the bond markets in Japan, the United States and in Europe are all experiencing existential troubles. National Treasurer Sharon P. Almanza noted that the market …

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More Filipinos are using insurance this year

Philippines’ insurance penetration rose to 1.96 percent in the second quarter of 2026, up from 1.79 percent from the same period last year, based on the latest Insurance Commission (IC) data. Insurance density also went up by 15.24 percent to PHP2,468.63 per person from the PHP2,142.19 recorded last year. Insurance penetration is the ratio of total insurance premiums collected to …

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ICTSI East Java seeks stronger trade links in Indonesia

East Java Multipurpose Terminal (EJMT), the Lamongan operation of International Container Terminal Services, Inc. (ICTSI), recently hosted industry representatives to explore trade opportunities between East Java and Eastern Indonesia. The dialogue specifically focused on enhancing freight development, market access, and transport connections through Lamongan. Discussions during the meeting centered on cargo flows between production centers and consumer markets, access to domestic and …

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TransUnion 2026 Credit Perception Index Launch

TransUnion’s 2026 Credit Perception Index (CPI) report reveals that the Philippines’ credit score reached a record-high 75 out of 100, driven by notable increases in product trust, favorability, and knowledge. This growth occurred despite consumer financial confidence softening to a four-year low due to ongoing pressures from inflation, energy prices, and rising living costs. To adapt to these economic challenges, …

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AFP MEDICAL CENTER FETES SMFI’s UY

SM Foundation, Inc. Project Manager for Health and Medical Programs Mr. Albert Uy (center) is joined by BGen Erickson L. Gob, Commander, AFP Medical Center, (left) and Col Jose Rosel R. Reduble MC (MNSA) – Chief, VLGH during the Stakeholders’ Night 2026 to honor valued partners of the Medical Center, Armed Forces of the Philippines. Uy was among 25 valued …

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2GO Strengthens Connections to Support Mindanao’s Next Chapter of Growth 

2GO reaffirmed its commitment to Mindanao’s economic growth at the 35th Mindanao Business Conference in Cagayan de Oro City. Chief Operating Officer and Chief Financial Officer William Howell emphasized that connectivity is a crucial enabler for a future-proof, inclusive regional economy, noting Mindanao’s vital contributions to agriculture, manufacturing, and tourism. To bridge geographic gaps and unlock the region’s full economic …

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PHLPost Keeps the Nation Connected Amid Heavy Rains and Flooding

Rain or shine, the postal service remains committed to connecting Filipinos and delivering public service where it matters most. Despite heavy rains, rising floodwaters, and difficult weather conditions in several parts of the country, the Philippine Postal Corporation (PHLPost) continues to provide essential postal and communication services to the public. Postal frontliners remain on duty, delivering mails, parcels, government communications, …

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La Mesa Ecopark opens Phase 2: Wider green spaces to experience “BiodiverCity”

La Mesa Ecopark strengthens its role in championing “biodiverCity” or biodiversity in the city, environmental protection and water security as it recently hosted the La Mesa Ecopark its Executive Committee (ExeCom) meeting.  The La Mesa Ecopark ExeCom is composed of duly designated representatives from the Quezon City Government and Manila Water Company and chaired by the MWSS provides overall direction …

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BillEase, PNB seal ₱1-B credit deal

Consumer finance platform BillEase has secured a ₱1-billion credit facility from Philippine National Bank (PNB) to expand financing options and access to credit for Filipino consumers. BillEase said Thursday that the facility uses the Personal Property Security Registry (PPSR) to give PNB a secured interest in the company’s consumer loan receivables. Under the arrangement, BillEase will maintain a pool of …

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PDIC to auction 70 properties in Luzon

The Philippine Deposit Insurance Corporation (PDIC) will auction 70 properties across Luzon through electronic public bidding on Sept. 23 to 24, offering residential, agricultural and mixed-use properties to prospective buyers. The auction includes 51 residential properties, 17 agricultural properties and one mixed residential/agricultural property located in Albay, Batangas, Camarines Sur, Isabela, Laguna, Palawan, Pangasinan, Romblon and Sorsogon. A 240-square-meter commercial …

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