Filipinos can now shop more intentionally, for sustainable and locally-sourced products through SM Green Finds – a program designed to make green living easier and more accessible. “Retailers have an important role to play in positively influencing and impacting consumer behavior. SM Store is committed to providing Filipino consumers a platform to access sustainably sourced …
BUSINESS
Pag-IBIG Fund finances 2,968 homes for low-wage earners in Q1 2023
Pag-IBIG Fund has financed 2,968 socialized homes for minimum-wage and low-income members in the first three months of 2023, its top executives said Tuesday (May 9). Socialized home loans make up 14% of the 21,870 units financed by the agency from January to March this year. Meanwhile, the amount of socialized home loans represents …
Radisson Hotel Group expands partnership with SM Hotels & Conventions Corp.; signs Master Development Agreement to reach 20 hotels in the Philippines by 2028
Signing of Master Development Agreement builds on decade-long partnership with six hotels in operation with further plans to launch 14 new hotels across the country Radisson Hotel Group has embarked on the latest phase of its expansion strategy in the Philippines, with the signing of a Master Development Agreement for the Park Inn by Radisson brand, …
Metrobank reports a solid net income growth of 31% to PHP10.5 billion in 1Q 2023
Metropolitan Bank & Trust Co.’s (Metrobank) net earnings rose by 31.3% to PHP10.5 billion in the first quarter of 2023 from a year ago. The Bank’s robust growth was propelled by the combination of the expansion of its lending portfolio, higher margins, and healthy fee income amid improved asset quality. This translated to a 13.1% …
UP Women’s Volleyball team gains new sponsor in Eurotel and Hotel Sogo
Quezon City, Philippines – Global Comfort Group Corporation (GCGC), the management company behind Eurotel and Hotel Sogo, have pledged their unwavering support to the University of the Philippines Women’s Volleyball Team (UPWVT) in a press conference held at Eurotel Vivaldi last March 28, 2023, the partnership between the two renowned hotels and the UP Women’s …
Pag-IBIG home loan releases reach record-high P27.57B in Q1 2023, up 14%
Pag-IBIG Fund released a record-high P27.57 billion in home loans during the first quarter of 2023, an increase of P3.36B or 14% compared to the P24.21 billion released during the same period in 2022, its top officials announced on Monday (April 24). “We are happy to report that we have started the year strong …
Save on service fees when you pay over 700 billers via Metrobank Online
Paying bills is easy and convenient with Metrobank. Now you can pay over 700 billers from the comfort of your home AND without extra charge! By using Metrobank Online, not only do you enjoy the ease and convenience of banking at your own pace, but more importantly you save on the service fees, which are …
Metrobank named PH’s Best Bank for ultra-high-net-worth clients; Gets back-to-back title as the Best Domestic Private Bank in the country from Asiamoney
Metropolitan Bank & Trust Co. ‘s (Metrobank) Private Wealth business bags two accolades at the 2023 Asiamoney Private Bank Awards, further strengthening its position as the preferred partner of Ultra-High Net Worth segment. Metrobank garnered the Best Domestic Private Bank in the Philippines award for the second straight year. It …
PBBM lauds highest Pag-IBIG dividend rates since pandemic: 6.53% for Regular Savings, 7.03% for MP2
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund’s highest dividend rates since the Covid-19 pandemic, as its Regular Savings dividend rate for 2022 reached 6.53 percent and its Modified Pag-IBIG 2 (MP2) Savings surged to 7.03 percent per annum The dividend rates on the members’ savings of the agency were the highlights of the Pag-IBIG …
Pag-IBIG releases P53.76B cash loans benefitting 2.61M members
PAG-IBIG Fund disbursed P53.76 billion in cash loans, otherwise known as short-term loans, benefitting a record-high 2,612,491 members in 2022, agency officials stated Tuesday, March 21. For 2022, the amount of short-term loans released by the agency increased by 21 percent or P9.46 billion compared to the P44.30 billion released in 2021. With the amount, …