PNP Gives Over P4M Reward to 21 Informants
The Philippine National Police distributed over P4 million in reward money to 21 civilian informants for their help in arresting criminals and solving cases.
Category : Corporate News
BSP Allows Emergency Bank Cash Withdrawals in Disasters
The BSP has approved a temporary measure allowing unregistered banks to withdraw cash directly during calamities to ensure sufficient funds when normal operations are disrupted.
BOC Posts Decade-High Jan-Apr Surplus of ₱325.8B
The Bureau of Customs recorded its largest cumulative surplus in 10 years for January to April, collecting ₱325.808 billion, exceeding targets and setting an April record.
RCBC Wins 3 Awards at RBI Asia Trailblazer Awards 2026
Rizal Commercial Banking Corporation (RCBC) secured three awards at the RBI Asia Trailblazer Awards 2026 and ranked among top Philippine firms in TIME-Statista's Asia-Pacific Best Companies list.
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Top Line gets SEC, PSE nod for P1.5B share offer
Top Line Business Development Corp. received SEC and PSE approvals for a P1.5 billion perpetual preferred shares offering to fund vertical integration.
Cebu Business Month 2026 Launches Amid Global Uncertainties
CBM 2026 was launched to strengthen Cebu's investment and business collaboration, with organizers emphasizing resilience and inclusive growth amid geopolitical tensions.
BCDA remits P5.7B to national treasury
BCDA remitted P5.7 billion to the national treasury, including P2.6 billion in dividends, supporting infrastructure, housing, and military modernization.
Fake Healer Arrested for Defrauding Senior in Aloguinsan
A man posing as a faith healer was arrested in Aloguinsan for scamming a senior citizen out of P110,000 by promising treasure and cures. He also faces drug charges.
BOC collects nearly P100M from auctions in 2026
The Bureau of Customs has generated P99.508 million from public auctions in the first four months of 2026, including the sale of a Rolls-Royce Phantom and a Rolls-Royce Cullinan.
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Man Arrested for Fake Lotto Ticket Claim of P172M
A man was arrested after attempting to claim a P172-million jackpot using a falsified lotto ticket at PCSO in Mandaluyong. Police confirmed the ticket had been tampered with.
BIR Files Tax Evasion Case vs Harry Roque, Wife
The BIR filed criminal complaints against Harry Roque Jr., his wife Mylah, and Percival Ortega for tax violations involving Biancham Holdings. Total deficiency: over P3.35 million.
UnionBank Q1 Net Income Soars 167% to ₱3.8B
UnionBank posts ₱3.8B net income in Q1 2026, up 167% YoY, driven by core business growth despite trading losses from Iran conflict volatility.
Filinvest Land Stays on Growth Path Despite High Interest Rates
Filinvest Land Inc. maintains growth strategy with strong balance sheet. 2025 revenues up 6% to P25.90B, net income up 4% to P4.81B. Residential sector leads in Davao, Zamboanga, General Santos. Il Corso Cebu boosts retail. Dividend at P0.05 per share.
BIR Reforms Target Tax Audit Abuse
The BIR suspends audits and issues reforms to prevent misuse of Letters of Authority, aiming to restore trust in tax enforcement and protect taxpayers from intimidation.
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Aboitiz Foods Wins Best Employer Brand at LinkedIn Awards
Aboitiz Foods, through Pilmico Foods Corporation, received the Best Employer Brand award at the LinkedIn Talent Awards 2026 for its 'One Aboitiz Foods' initiative and 'Feed Your Future' campaign.
RCBC Earns TIME and Statista Recognition for ESG Standards
RCBC ranked eighth among Philippine firms in TIME and Statista's Asia-Pacific Best Companies list, with an overall score of 86.45, highlighting its employee satisfaction, revenue growth, and ESG performance.
Campaign Launched to Curb Alcohol Deaths in Philippines
Health advocates and lawmakers launched 'Alcohol Harms the Family' campaign to curb rising alcohol-related deaths, with 47 Filipinos dying daily from alcohol use.
DTI Warns: Buy LPG from Accredited Dealers for Safety
The Department of Trade and Industry advises consumers to purchase LPG from legitimate sources to ensure safety and quality, especially during summer. Check for proper seals and markings.
Shipping Group Calls for Expanded Port Fee Cuts Nationwide
The Philippine Coastwise Shipping Association urges transport authorities to sustain and expand recent port fee reductions, citing critical relief for domestic operators facing global pressures.
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Family Business Boardrooms: Personal Interests vs. Stewardship
A revealing examination of how family business boardrooms can falter when directors prioritize personal interests over fiduciary duty, with a case study showing the erosion of governance through tolerated self-serving behavior.
Wendy's Philippines Opens 100th Store with New Blue Design
Wendy's Philippines celebrates a major achievement with its 100th store opening in Angeles City, featuring a refreshed blue store design and a community-focused mural. Executives highlight the brand's growth and commitment to quality for Filipino customer
DTI Price Freeze on Basic Goods Until May 2026
The Department of Trade and Industry has implemented a price freeze on basic necessities until May 10, 2026, urging consumers to report retailers exceeding SRPs to ensure affordability amid global disruptions.
Bohol Businessman Arrested in Illegal Cigarette Bust
A businessman was apprehended in Anda, Bohol, for selling illegal cigarettes valued at P56,000, violating the Graphic Health Warnings Law, following a police operation.
SM Companies Win Awards in FinanceAsia's Asia's Best Companies 2026
Four SM companies, including SM Investments, SM Retail, SM Prime, and BDO Unibank, have been recognized in FinanceAsia's Asia's Best Companies 2026 poll, receiving eight awards for corporate performance and governance.
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ABS-CBN Board Backs Leadership Despite Internal Conflicts
ABS-CBN's board and advisors express confidence in CEO Carlo Katigbak and the company's future as a content provider, despite losing its broadcast franchise in 2020 and ongoing family disputes over governance.
SM Companies Honored in FinanceAsia's 2026 Asia's Best Companies Poll
Four SM-affiliated companies have been recognized in FinanceAsia's prestigious Asia's Best Companies 2026 poll, securing eight awards for corporate performance and governance excellence.
Palawan Pawnshop Unveils Melai & Jason as Brand Ambassadors
Palawan Pawnshop introduced Melai Cantiveros-Francisco and Jason Francisco as new brand ambassadors during its first VisMin regional media event in Cebu City, emphasizing financial inclusion and shifting perceptions around pawning.
Family Business Board Seats: Inherited Titles Undermine Governance
In family enterprises, board positions are often treated as heirlooms rather than roles requiring competence. This leads to governance failure through tolerated mediocrity, where unqualified directors fail to exercise fiduciary responsibility, challenge m
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
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P700M Perfume Seized in Valenzuela Raid Over Certification Issues
Authorities confiscated around P700 million worth of imported perfumes suspected of lacking proper certification during a warehouse raid in Valenzuela City. The operation targeted facilities linked to alleged illegal importation.
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