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PSA Reports 90 Percent Smartphone Ownership in NCR; Urges Immediate Access of the Digital National ID

8/30/2025

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PSA Reports 90 Percent Smartphone Ownership in NCR; Urges Immediate Access of the Digital National ID
The Philippine Statistics Authority (PSA) urged immediate access of the Digital National ID, especially for those residing in the National Capital Region (NCR), after survey results showed that the vast majority of the region’s population owns a smartphone.

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Torre Lorenzo partners with Security Bank partner to empower Filipino property buyers

8/30/2025

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Torre Lorenzo partners with Security Bank partner to empower Filipino property buyers
(Image Courtesy: Torre Lorenzo. Present during the ceremonial signing are: (from left to right) Janeth de los Reyes, Chief Finance Officer - TLDC; Cathy Casares Ko, Chief Executive Officer - TLDC; Robert Tejuco, Vice President - Corbank CBG5 Team Head, SBC; Elmer Aquino, Vice President - Developer and Direct Sales Channels Head, SBC; and Joey Sison, FVP - Focus Segment Head, SBC.
Torre Lorenzo Development Corporation (TLDC), the pioneer in premium university residences in the Philippines, partnered with Security Bank Corporation to be one of its strategic financing partners to expand home ownership opportunities for Filipinos.  

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ERC revokes SIPCOR's permit for numerous violations

8/29/2025

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On August 29, 2025, the Energy Regulatory Commission (ERC) served an Order on Siquijor Island Power Corporation (SIPCOR) revoking the Provisional Authority to Operate (PAO) of SIPCOR’s generation facilities in the Province of Siquijor (Siquijor). 

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600 MW Monsoon Wind achieves commercial operation, delivering clean energy across borders

8/29/2025

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600 MW Monsoon Wind achieves commercial operation, delivering clean energy across borders
What began as a bold idea in 2011 is now a milestone in Asia’s clean energy story. The Monsoon Wind Power Project has officially reached its COD on 22 August 2025, becoming the first cross-border renewable energy project in Asia. Today, 600 MW of clean, utility-scale power flows from the mountains of southern Lao PDR into Vietnam, strengthening regional energy security, boosting economic growth, and triggering ASEAN grid aspirations by showing what’s possible when nations work together.

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BSP launches online credit risk database for SMEs

8/29/2025

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BSP launches online credit risk database for SMEs
The Bangko Sentral ng Pilipinas (BSP), in partnership with the Japan International Cooperation Agency (JICA), has launched the Credit Risk Database Philippines Web-based Scoring System (CRDPh System). It aims to help financial institutions (FIs) assess the creditworthiness of small and medium enterprises (SMEs).

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Aboitiz InfraCapital Economic Estates and Aboitiz Land Win Big at 13th PropertyGuru Philippines Property Awards

8/29/2025

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Aboitiz InfraCapital Economic Estates and Aboitiz Land Win Big at 13th PropertyGuru Philippines Property Awards
​Aboitiz InfraCapital (AIC) Economic Estates and Aboitiz Land reaffirmed their leadership in Philippine real estate, earning eight top honours at the 13th PropertyGuru Philippines Property Awards. These wins celebrate more than design and development excellence—they underscore a shared commitment to delivering purpose-driven solutions that enable industries, create opportunities, and advance nation-building.

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Batangas State University to Pioneer Industry-Based Learning at LIMA Estate

8/29/2025

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Batangas State University to Pioneer Industry-Based Learning at LIMA Estate
Aboitiz InfraCapital Economic Estates and Batangas State University, The National Engineering University (BatStateU The NEU), have formalised a landmark partnership to establish a new integrated campus within LIMA Estate—designed to deliver industry-based learning and develop a future-ready workforce.

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Contecon Manzanillo expands global connectivity with WAN HAI service

8/29/2025

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Contecon Manzanillo expands global connectivity with WAN HAI service
The WAN HAI A16 during its maiden call at Contecon Manzanillo
Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Manzanillo, Mexico, is enhancing its logistics offering with the introduction of WAN HAI Lines’ Asia-South America West Coast 2 (WSA2) service. The service made its inaugural call at Contecon on August 11 with the arrival of the vessel WAN HAI A16.

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PLDT Enterprise brings Starlink to Camarines Sur, empowering remote communities

8/28/2025

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PLDT Enterprise brings Starlink to Camarines Sur, empowering remote communities
Ruby Montoya, Vice President and Head of Enterprise Revenue Group at PLDT Enterprise, and Governor Lray Villafuerte of Camarines Sur seal the partnership to power the province with Starlink satellite technology, strengthening connectivity in the province.
In a landmark move to accelerate digital transformation in the provinces, PLDT Enterprise has partnered with the Provincial Government of Camarines Sur (PG CamSur) to integrate Starlink’s Low Earth Orbit (LEO) satellite technology into its operations, bringing resilient connectivity in the region.

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FNI Chair Joseph Sy is taking a Voluntary Leave of Absence

8/28/2025

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FNI Chair Joseph Sy is taking a Voluntary Leave of Absence
The Board of Directors of Global Ferronickel Holdings, Inc. (FNI), in its meeting on August 27, 2025, approved the voluntary leave of absence of Mr. Joseph C. Sy as Chairman of the Board, effective the same date. This decision reflects the Board’s commitment to allowing Mr. Sy to focus on resolving his personal legal matters while safeguarding the best interests of the Company and its stakeholders.

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