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Southeast Asia firms face threat of digital break-in–report
Cybersecurity leader Kaspersky has neutralized more than 61 million brute force attacks against businesses in Southeast Asia, including about five million in the Philippines, warning companies to raise their digital defenses or suffer financial consequences......»»
GOCCs’ dividend remittance bumped up to 75 percent of earnings
The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»
Norway sees stronger economic ties with Philippines
Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country......»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
Over 100 US firms interested to invest in Clark –BCDA
More than 100 US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority......»»
Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles
Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»
Pump price rollback set on February 13
Motorists can allocate more money for flowers or chocolates this Valentine's Day as oil firms will implement a rollback in pump prices on Tuesday......»»
Office space take-up reaches nearly 300,000 sqm in 2023
Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Microinsurance contributions hit P13.5 billion in 2023
The continued awareness of Filipinos due to the impacts of the pandemic boosted the insurance contributions from low-income people, reaching P13.5 billion in 2023......»»
Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
Singlife gets P600 million capital infusion
Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
PSE approves listing of GSIS-owned Alternergy preferred shares
Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»
PhilHealth may handog na libreng mammogram, breast ultrasound tests
GOOD news ngayong ipinagdiriwang ang Women’s Month! Ayon sa Philippine Health Insurance Corp. (PhilHealth), magkakaroon ng libreng mammogram at breast ultrasound tests ang mga babaeng miyembro simula sa Hulyo. Kada taon pwedeng i-avail ang nasabing serbisyo sa ilalim ng breast cancer prevention and detection package. Ang magandang balita ay kinumpirma mismo ng chief executive officer.....»»
2nd concert nina Sharon, Gabby ‘kanselado’, KC may tampo pa sa ina?
HINDI matutuloy ang ikalawang concert sana ni Megastar Sharon Cuneta at aktor na si Gabby Concepcion. Ito ang ikinumpirma ni Sharon matapos makapanayam ng ilang entertainment press matapos ang kanyang performance para sa “Sheroes” campaign ng isang insurance company noong March 12. Ibinunyag pa nga ng batikang singer na mas maganda pa sana ang second.....»»
A substantial boost for cancer care
The Philippine Health Insurance Corp. has announced the perfect gift for women when it increased the “Z-benefit” package for breast cancer from P100,000 to P1.4 million. .....»»
Government decision on PhilHealth premium hike out soon
The government will come out with a decision on whether or not to push through with the Philippine Health Insurance Corp. premium contribution rate increase “very soon,” President Marcos said yesterday......»»