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AUB Gets Boost from Growing Demand for Renminbi in PHL

5/29/2025

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AUB Gets Boost from Growing Demand for Renminbi in PHL
​Growing acceptance of the Chinese renminbi (RMB) in cross-border trade and international payments has been giving Asia United Bank (AUB) a boost.

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AUB Extends HelloMoney Use to OFWs via Taptap Send

5/29/2025

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AUB Extends HelloMoney Use to OFWs via Taptap Send
​Asia United Bank (AUB) recently partnered with global remittance platform Taptap Send to enable Overseas Filipino workers (OFWs) to send money to their loved ones in the Philippines in a faster, easier, and more affordable way via its e-wallet HelloMoney.

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AboitizPower Run-of-River Hydros Generate P5.7M in Bukidnon Community Shares

5/29/2025

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AboitizPower Run-of-River Hydros Generate P5.7M in Bukidnon Community Shares
Aboitiz Renewables, Inc. First VP and General Manager Noreen Vicencio (second from right) hands over the check for Bukidnon’s community shares to Governor Neil Roque (center), together with other representatives from Hedcor and AboitizPower.
Hedcor, the run-of-river hydropower arm of Aboitiz Power Corporation (AboitizPower), turned over more than P5.7 million in community shares to its host communities in Bukidnon in northern Mindanao.

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Wilcon Depot Opens 103rd Store Opening in Cordova, Cebu

5/29/2025

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Wilcon Depot Opens 103rd Store Opening in Cordova, Cebu
​Wilcon Depot, the Philippines’ leading home improvement and construction supply retailer, continues to solidify its presence in the Visayas region with the opening of its 103rd store nationwide on May 23, 2025. This is the company’s third branch in Cebu–this time in the thriving municipality of Cordova.

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Chinabank Launches Ultra Rewards for Saving and Spending

5/29/2025

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Chinabank Launches Ultra Rewards for Saving and Spending
Chinabank makes saving and spending a more rewarding experience for Filipinos. With Chinabank Ultra Rewards, an innovative program that combines a high-earning deposit account with a versatile credit card, today’s smart and value-driven consumers get ultra rewarded for saving while enjoying shopping, dining, and traveling.

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Global Ferronickel Secures MPSA Renewal for Palawan Mining Project

5/29/2025

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Global Ferronickel Secures MPSA Renewal for Palawan Mining Project
​Global Ferronickel Holdings, Inc. (FNI) announces that the Department of Environment and Natural Resources (DENR), through an Order dated May 14, 2025, has approved the renewal of Mineral Production Sharing Agreement (MPSA) No. 017-93-IV, Amended-2000.

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SM Prime Opens First Mall in Ilocos Norte, 88th in the Philippines

5/29/2025

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SM Prime Opens First Mall in Ilocos Norte, 88th in the Philippines
​SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, will open its first mall in Ilocos Norte on May 30, marking the property conglomerate’s 88th shopping mall in the Philippines and its latest push into high-growth regional corridors.

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Cebu Pacific, Flyadeal Forge Strategic Partnership for Wet Lease, Commercial Cooperation

5/29/2025

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Cebu Pacific, Flyadeal Forge Strategic Partnership for Wet Lease, Commercial Cooperation
Cebu Pacific (CEB) Chief Executive Officer Mike Szucs and Flyadeal Chief Executive Officer Steven Greenway . Image: CEB/flyadeal
​Cebu Pacific (CEB), Philippines’ leading carrier, and flyadeal, Saudi Arabia’s fast growing low-cost airline, signed a Memorandum of Understanding (MoU) to explore joint strategic commercial initiatives.

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Rockwell Land Posts 19% NIAT Increase in 2024 and 70% Growth in Reservation Sales for Q1 2025

5/29/2025

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Rockwell Land Posts 19% NIAT Increase in 2024 and 70% Growth in Reservation Sales for Q1 2025
​Rockwell Land Corporation (ROCK), at its Annual Stockholders’ Meeting held on May 28, 2025, reported a P3.7 billion Net Income After Tax (NIAT) to Parent in 2024, a 19% increase from 2023. The developer also announced a record-breaking P8.2 billion Reservation Sales in the 1st quarter of the year, a 70% increase versus previous year.

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Cebu Pacific Completes Philippines’ First All-Electric Aircraft Turnaround

5/28/2025

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Cebu Pacific Completes Philippines’ First All-Electric Aircraft Turnaround
Cebu Pacific has made history after successfully completing the country’s first all-electric aircraft turnaround at Mactan-Cebu International Airport (MCIA), a significant step in its push for sustainable aviation.

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