Cloudstaff Distributes P150M Bonuses to Employees

Business process outsourcing firm Cloudstaff has distributed P150 million in bonuses to employees through its Investors Club program, prioritizing non-management staff. The company links business growth with employee benefits and is preparing for a potent

ASEAN Strengthens Finance Cooperation Amid Global Risks

Southeast Asian finance leaders agreed to boost cooperation in banking, digital payments, and climate financing to stabilize the region's economy. They highlighted risks like global conflicts and trade tensions, with growth at 4.5% in 2025.

Middle East Tensions Threaten Jobs, PSAC Urges Action

Rising Middle East tensions could spike fuel costs and disrupt supply chains, threatening employment. The Private Sector Advisory Council endorses coordinated measures to protect jobs and sustain economic activity in the Philippines.

Cebu BRT Loan Canceled After Decade of Delays

The Philippine government has canceled $84.9 million in unused loans for the Cebu Bus Rapid Transit project due to delays and unsatisfactory progress, prompting a shift to public-private partnerships.

Escandor Development Completes Matina Enclaves Phase 1

Escandor Development Corporation has finished Phase 1 of Matina Enclaves Residences in Davao City, blessing the 230-unit Building E. The project's five mid-rise buildings are now ready for turnover, with Phase 2 already in progress.

PDIC Ad Campaign Promotes Bank Savings and Depositor Protection

The Philippine Deposit Insurance Corporation (PDIC) has rolled out a nationwide out-of-home advertising campaign to enhance public awareness of depositor protection and financial system stability, targeting everyday moments like commuting and shopping.

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