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DBM approves P740.834-million replenishment for DSWD, OCD quick response

The Department of Budget and Management (DBM) on Friday said it has approved a total of P740.834 million additional replenishment for the quick response funds of the Department of Social Welfare and Development (DSWD) and the Department of National Defense-Office of Civil Defense (OCD).
DICT extends common tower licenses to 15 years

The Department of Information and Communications Technology (DICT) announced Friday it has extended the license life of shared telecommunications tower infrastructures in the country as a part of efforts to cut red tape and provide tower companies a longer, faster leeway to build.
Chavit Singson, family turn over part of Metrowalk property to DOTr for subway project

Former Ilocos Sur Governor Luis “Chavit” Singson and his family have turned over a portion of their Metrowalk property to the Department of Transportation (DOTr) to give way for the construction of the Metro Manila Subway Project (MMSP).
Smart COO Boy Martinez steps down

Smart Communications Inc. chief operating officer (COO) Anastacio “Boy” Martinez has stepped down from his post.
Fuel price hike seen next week

Motorists should buckle up for a round of increase of fuel prices to be implemented in the coming week.
PAL to add more flights to Australia, Japan, Seattle for holiday season

Flag carrier Philippine Airlines (PAL) on Thursday announced additional flights to Australia, Japan, Seattle, and other cities starting this month, in anticipation of the higher demand during the holiday season.
SEC wants companies to reveal beneficial owners, control ties

The Securities and Exchange Commission (SEC) wants companies to disclose controls that owners exercise, as the agency seeks to promote transparency and address gaps that enable corruption and financial crime in the Philippines.
MoneyHero Group sees next 50M engagements from PH

Nasdaq-listed digital insurance brokerage provider MoneyHero Limited is looking to scale its operations in the Philippines, as the company expects the next 50 million engagements coming from the country with the recent opening of its office through its local brand Moneymax.
SEC eyes creation of Unified Lending Identification for easy credit access

The Securities and Exchange Commission (SEC) said Monday it is planning to create Unified Lending Identification (ULI) to provide easy credit access.
Only 14% of Filipinos are ‘comfortable” with their financial resources –report

Only 14% of Filipinos identify as being financially “comfortable”–having the resources to afford most things–with the majority still hustling or doing extra work to manage their finances better, a report by Worldpanel by Numerator released on Thursday showed.
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