Business

BingoPlus, Miss Universe Philippines unveils 2025 candidates

BingoPlus, your comprehensive digital gaming platform in the country, introduced this year’s aspiring Miss Universe Philippines. Around 69 beautiful and confident beauty queens were revealed at a hotel in Makati on February 15, 2025. Stunning delegates from all over the Philippines graced the stage and proudly stated their provinces and cities, garnering cheers from the audience. As the co-presenter of …

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Landers Super Crazy Sale 2025 Brings Five Days of Bigger Discounts and Crazier Deals

Get Ready for the First Super Crazy Sale of the Year The wait is over as Landers Superstore kicks off the first Super Crazy Sale of 2025 from February 26 to March 2. Shoppers can look forward to massive discounts on over 5,000 items, along with exclusive dining deals and membership offers. Whether you’re stocking up on essentials or gearing …

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Love is in the Air with MR.DIY’s Heartfelt Gift Selections!

Celebrate love in all its forms this Love Month with MR.DIY’s “Love is in the Air” product highlights!  From February 1-28, 2025, discover a variety of heartwarming items perfect for showing your appreciation to loved ones of all ages. Explore some of our featured picks: Mermaid and Penguin Plush Toys – Adorable companions for your special someone or little ones. …

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SSS to cut loan rates, expand pensioner coverage

The Social Security System (SSS) plans to lower interest rates on its salary and calamity loan programs while expanding self-employed coverage for over 157,000 pensioners nationwide. In a recent advisory, SSS announced that these changes, along with other program enhancements, are expected to be implemented within the year. SSS President and CEO Robert Joseph De Claro stated that the agency …

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Business groups hail Senate approval of Konektadong Pinoy Act

Industry associations and foreign chambers have lauded the passage of Senate Bill 2699, or the Konektadong Pinoy Act, calling it a major step in advancing the country’s broadband infrastructure. Led by FinTech Alliance PH, alongside Better Internet PH and over 10 other organizations, business groups welcomed the measure as a game-changer that will enhance digital access while attracting greater private …

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BOI fast-tracks permits for UGEP’s solar power projects

The Board of Investments (BOI) has endorsed the expedited processing of permits and licenses for two solar power projects by Upgrade Energy Philippines, Inc. (UGEP), facilitating smoother coordination with national and local government agencies. BOI granted Green Lane Certificates of Endorsement to UGEP’s PHP2.11-billion Cabangan Solar Project in Zambales and the P1.51-billion Pontevedra Solar Power Project in Capiz. These projects …

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Aramco returns to Phl market

Aramco, one of the world’s largest integrated energy and chemicals companies, is making a return to the Philippine market with a 25 percent stake acquisition in Unioil Petroleum Philippines, Inc.  The agreement for the strategic partnership was formalized on Wednesday, with Aramco Asia Singapore Managing Director Fai Aldossary and Unioil CEO Janice Co Roxas-Chua leading the signing. The transaction remains …

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BIR, BOC post higher revenue collections in January

Revenue collections from the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) saw an increase in January 2025, according to the Department of Finance (DOF). In a statement, the DOF reported that BIR collections reached PHP350.6 billion, marking a 13.7 percent increase compared to the same period last year. Meanwhile, the BOC collected P79.3 billion, reflecting an …

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BSP to further reduce banks’ RRR

The Bangko Sentral ng Pilipinas (BSP) announced a further reduction in banks’ reserve requirement ratios (RRR) to enhance financial intermediation and liquidity in the banking system. Under the new policy, the RRR for universal and commercial banks, as well as non-bank financial institutions with quasi-banking functions (NBQBs), will be cut by 200 basis points to five percent. For digital banks, …

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Council formed to enhance financial sector security

The Bangko Sentral ng Pilipinas (BSP) has established the Financial Cyber Resilience Governance Council (FCRGC) to enhance collaboration and strengthen cybersecurity across the financial sector. Launched at the BSP headquarters in Manila on February 11, the Council aims to fortify the country’s financial system by promoting robust cybersecurity governance, risk management, and cooperation among key industry stakeholders. “This Council represents …

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