Business

San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has formally turned over a newly-renovated school building and upgraded learning facilities to benefit student-inmates at the Medium Security Compound of the New Bilibid Prison (NBP). The facility, now known as Better World Bilibid, is operated as the Bilibid Extension School (BES) and managed by the University of Perpetual Help …

Farmers in the quiet agricultural town of Solana, Cagayan in northern Philippines have long relied on agriculture as their primary source of livelihood despite many challenges. Yet, Solana West Farmers Cooperative (SOWESFACO) is rewriting the story of smallholder farming by turning subsistence growers into market players, improving livelihoods, and fostering long-term sustainability. Founded nearly three decades ago with 23 pioneering members …

In celebration of the vibrant and diverse cultural heritage of the Philippines, the Philippine Postal Corporation (PHLPost) proudly released a special set of stamps and souvenir sheets showcasing iconic Philippine Festivals. Postmaster General Luis D. Carlos said, “It is a great honor to celebrate these festivals not only in parades and performances but also in our unique way, through commemorative …

Manila Water Philippine Ventures (MWPV), the Non-East Zone subsidiary of Manila Water Company, proudly marks its 10th anniversary, celebrating a decade of purposeful growth, service excellence, and innovation in sustainable water solutions across the Philippines. Over the past 10 years, MWPV has emerged as a key driver of Manila Water’s goal of bringing its brand of service to key locations …

The Bangko Sentral ng Pilipinas (BSP) has received reports that an entity named “UNA Financing Corporation” is fraudulently using the BSP’s name and logo, and the names of BSP employees and officers.  The scheme involves collecting fees and personal information, purportedly to secure the BSP’s clearance for the loan releases sought by individuals. The BSP clarifies that it is not …

It might as well be called Better Philippines the way the dredging operation is improving the environment, the economy, and, of course, the lives of people. Better Rivers PH, a brainchild of Ramon S. Ang, San Miguel CEO and chairman, is working quietly to rehabilitate rivers and creeks in Metro Manila and in the provinces of Bulacan, Pampanga, and Laguna. …

Asialink Finance Corporation, long known for supporting small and medium enterprises (SMEs), has expanded into real estate lending, offering fast processing times and competitive interest rates for individuals and businesses. In a statement last week, the company introduced three real estate loan options: Sangla Titulo, take-out of housing units, and property acquisition. Under Sangla Titulo, borrowers can take out loans …

The Philippine Amusement and Gaming Corporation (PAGCOR) posted strong gains in the first quarter of 2025, with total revenues reaching P28.07 billion—an 11.2% increase from P25.24 billion in the same period last year. Driving this surge was PAGCOR’s core gaming operations, which contributed P25.52 billion. The Electronic Games and E-Bingo segment emerged as the top earner, generating P14.32 billion or …

President Ferdinand R. Marcos Jr.’s directive to reduce interest rates on calamity loans issued by the Social Security System (SSS) is part of a broader effort to ease the financial strain on Filipinos and contribute to poverty alleviation, Malacañang said Friday. Presidential Communications Undersecretary and Palace Press Officer Claire Castro said during a media briefing that the measure, set to …

The Philippine manufacturing sector rebounded strongly in April as new orders and output rose, according to S&P Global. In its latest report released Friday, S&P Global said the country’s manufacturing purchasing managers index (PMI) climbed to 53 in April, indicating an improvement in business conditions.  This marked a turnaround from March’s reading of 49.4, which had signaled a slight contraction. …