PH Financial System Stable in 2025: FSCC
The Philippine financial system remained stable in 2025, with well-capitalized banks and steady credit growth, despite global risks like geopolitical tensions and cybersecurity threats.
Category : Corporate News
Maya Wins Top Non-Bank Partner Award from Pag-IBIG Fund
Maya processed over 3.5 million Pag-IBIG transactions worth P24 billion in 2025, earning the Top Non-Bank Partner award for the third consecutive year.
Cebu Province Extends College Grant Application to June 30
Cebu Province still has over 1,000 slots for first-year college grant program until June 30, 2026. New applicants can apply starting July 1.
DHSUD 7 Denies Housing Permit Backlog Claims
DHSUD 7 refutes Abrep claims of LTS delays holding back 10,000 housing units in Cebu, stating only two pending applications are in final approval stages.
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IEKHQ Holdings Renamed HQ Company for Global Push
IEKHQ Holdings changes name to HQ Company, shedding its holding structure to become a work-oriented business platform targeting global markets with a focus on Korea-Philippines infrastructure.
Liloan Drug Bust: P2.5M Shabu Seized, Two Arrested
PDEA-7 and Liloan police arrested a construction worker and a mechanic in a buy-bust operation, seizing 375 grams of shabu worth P2.5 million.
AEV Gets 'A-' Rating from Japan Credit Agency
Aboitiz Equity Ventures (AEV) secures 'A-' rating with stable outlook from Japan Credit Rating Agency, highlighting its diversified portfolio and resilient earnings.
Five Governance Gaps That Destroy Family Businesses
Family business conflicts often stem from unresolved governance gaps. Learn the five warning signs—from illusion of harmony to delayed action—and how to prevent crises.
China Bank Savings Expands to 190 Branches Despite Inflation
China Bank Savings expands its branch network to 190 nationwide despite inflation, citing strong Q1 results with net income up 11.5% and loan growth.
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BSP: May 2026 Inflation 7.1-7.9% on Rice, Peso Drop
The BSP forecasts May 2026 inflation between 7.1% and 7.9%, driven by higher food prices and peso depreciation, while MSMEs remain cautious amid sluggish economic activity.
PPI Marks 62 Years with Credibility and Sustainability Focus
The Philippine Press Institute celebrates its 62nd anniversary with initiatives to combat disinformation and achieve sustainability, including the Community Press Awards and National Press Forum.
BingoPlus VIP Club Awards First BMW X1 Hybrid
BingoPlus VIP Club hosted its exclusive gala night, awarding the first BMW X1 Hybrid to a lucky VIP member, marking a milestone in the brand's premium rewards program.
Hong Kong Tops Switzerland in Wealth Management
Hong Kong surpasses Switzerland as the world's largest cross-boundary wealth management center, with $2.9 trillion in assets, driven by mainland capital and strong IPOs.
Over P1M Jewelry Stolen in Cebu City Mall 'Salisi'
Three women stole over P1 million worth of jewelry from a mall store in Colon Street, Cebu City, using the 'salisi' method. Police have identified suspects.
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Ayala, Japanese Firms Sign MOUs on Smart Cities, Fintech
Ayala Group and Japanese firms signed MOUs for intelligent urban services, financial inclusion, and data-driven platforms during President Marcos' visit to Japan.
BSP Holds Inaugural Corporate Governance Summit
The Bangko Sentral ng Pilipinas gathered universal, commercial, and digital bank directors for its first Corporate Governance Summit to strengthen oversight amid a rapidly evolving financial landscape.
Caregiver Nabbed for Theft of Firearm in Cebu City
A 25-year-old caregiver was arrested for stealing a Norinco 9mm pistol from a security agency in Cebu City. He planned to sell the gun and send money to his parents.
Production Firm Seeks P2.07M from Sinulog Foundation
Junjet's Productions demands P2.074 million payment from Sinulog Foundation Inc. for services rendered in 2024, citing nearly two years of unpaid balance.
Junjet's Demands P2M Unpaid Dues from Sinulog Foundation
Junjet's Productions demands P2.074 million in unpaid dues from Sinulog Foundation Inc. for services rendered during Sinulog sa Sugbo Philippines 2024, citing nearly two-year delay.
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Cebu Taxi Operators File Petition vs LTFRB Over EV Circular
The United Cebu Taxi Operators Association files a certiorari petition against LTFRB over Memorandum Circular 2026-037, which grants 1,000 EV taxi franchises without due process, favoring foreign operators.
Ombudsman to File Plunder Charges vs Estrada
The Office of the Ombudsman will file plunder and malversation charges against Senator Jinggoy Estrada for alleged involvement in flood control anomalies, with complaints expected by May 28, 2026.
Study: Better Targeting Needed for PH Electricity Subsidies
A PIDS study recommends improving targeting of electricity subsidies in the Philippines to ensure assistance reaches intended beneficiaries while maintaining fiscal sustainability.
CCTV footage shows kidnapping in Cebu City
A viral CCTV video shows the kidnapping of a businessman and another man in Banilad, Cebu City. Police investigate possible car financing scam.
Former Allied Bank Employees Reunite in Cebu
Former employees and officers of Allied Banking Corporation held their first Cebu Alliedbankers Reunion on May 24, 2026, rekindling friendships and memories.
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Fuel Subsidy Program Expanded Nationwide After Pilot
The Philippine government expands its P10-per-liter fuel subsidy nationwide, benefiting over 28,000 PUV drivers with P27.5M in discounts via Landbank.
BOC Auction: 13 Luxury Vehicles Up for Bid Next Week
The Bureau of Customs Port of Manila will auction 13 luxury vehicles on May 29, 2026, including a McLaren Senna valued at P86.7 million.
GCash Enhances Security with Streamlined Support Channels
GCash, the Philippines' leading finance superapp, enhances user security with streamlined support channels for unauthorized transactions, scams, and account issues.
7 4Ps Beneficiaries Get Condo Units in Davao
Seven beneficiaries of the 4Ps program received socialized condominium units under the Expanded Pambansang Pabahay program in Davao City on May 21, 2026.
Visayan Electric May 2026 Rate: P12.88/kWh
Visayan Electric sets May 2026 residential rate at P12.88/kWh, a P0.31 increase from April due to higher global fuel prices and Visayas Grid alerts.
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BIR New Guidelines for Easier Business Closure
The BIR has released Revenue Memorandum Circular No. 47-2026 to simplify business closure and tax registration cancellation, aligning with the Ease of Paying Taxes Act and directives from President Marcos and Finance Secretary Go.
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