Friday, November 7

Business

Fuse Financing Inc. highlights the importance of co-lending and funding partnerships in scaling credit access to the unbanked

Fuse Financing Inc. highlights the importance of co-lending and funding partnerships in scaling credit access to the unbanked

Business
Chief Financial Officer of Fuse, Gabby Lacuesta explaining about building confidence in the reliable and effective end-to-end lending system of GCash—covering acquisition, underwriting, collections, and recoveries—is the key to securing funding partnerships.Fuse Financing, Inc., the lending arm of the Philippines’ leading finance super app and largest cashless ecosystem GCash, underscored the importance of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila.The forum highlighted a critical industry pain point: fintech companies face capital constraints that limit their ability to scale, as traditional debt markets remain restrictive. This bottleneck slows progress in extending credit to the underban...
Mynt CEO Martha Sazon named among Fortune’s 100 Most Powerful Women in Asia 2025

Mynt CEO Martha Sazon named among Fortune’s 100 Most Powerful Women in Asia 2025

Business
Recognized for the second consecutive year, Sazon is lauded for her transformative leadership and initiatives that drive positive change and financial inclusion for FilipinosFor her transformative leadership and unwavering commitment to financial inclusion, Martha Sazon, the president and CEO of Mynt, the parent company of GCash, has once again been recognized as one of Fortune’s Most Powerful Women in Asia 2025. This marks the second consecutive year she has earned a place on the prestigious list, which honors the most influential women shaping the future of the region across industries, including business, science, entertainment, and sports.Martha Sazon, President and CEO of Mynt, the parent company of GCash, named among Fortune’s 100 Most Powerful Women in Asia fo...
Protection for Every Filipino: GCash and BPI MS launch accident insurance on GInsure for everyday commuting

Protection for Every Filipino: GCash and BPI MS launch accident insurance on GInsure for everyday commuting

Business
Commuting is a daily routine shared by millions of Filipinos, often filled with long rides and unpredictable moments. To provide peace of mind on these journeys, GCash, through its in-app digital insurance platform GInsure, has partnered with BPI MS Insurance to launch PasaHERO Protect, an affordable and inclusive accident insurance that covers all forms of public transport* including jeepneys, buses, trains, and even motorcycles used in ride-hailing services like TNVS (Transport Network Vehicle Services) within the Philippines.In addition, the policy’s double indemnity feature for accidents that occur on public transport aims to offer even more peace of mind.Available through the GCash app, PasaHERO Protect provides Filipinos with up to Php 500,000 in the event of death or per...
$250M wind farm to rise in Bago

$250M wind farm to rise in Bago

Business, Top Stories
Seven villages have been identified as the location of the proposed 150-megawatt wind power project of Bago-Negros Energy Corp. in Bago City, Negros Occidental.The areas — Calumangan, Napoles, Taloc, Sampinit, Busay, Balingasag and Lag-asan — have been identified in the notice of public scoping set on Oct. 28 released by the Department of Environment and Natural Resources’ (DENR) Environment Management Bureau (EMB) in Negros Island Region."Public scoping is an early stage in the environmental impact assessment (EIA) process where the proponent aims to provide an overview of the proposed project, gather issues and concerns, and other relevant information to provide the scope of work and terms of reference for the preparation of the environmental impact statement," the EMB-NIR said i...
Prices of liveweight pigs drop but demand expected to rise

Prices of liveweight pigs drop but demand expected to rise

Business, Top Stories
Prices of liveweight pigs have dropped this month, but hog raisers remain optimistic as demand is expected to rise in the last two months of the year, an Alliance of Hog Raisers Association of Negros Occidental (AHRANO) official said on Wednesday, Oct. 22.AHRANO President Ric Lauron said that the current liveweight price of pigs range from P150 to P160 per kilogram, while pork meat prices are between P280 and P320 per kilo.In the previous months, liveweight prices were pegged at P160 to P165 per kilo, he said.Hog raisers are managing to break even with the high cost of production inputs, he said.Lauron said during AHRANO’s meeting on Wednesday that they are anticipating higher sales in November and December as pork demand increases ahead of the holiday season.Hog raiser...
Planters’ group calls on  Marcos to intervene to save sugar industry

Planters’ group calls on Marcos to intervene to save sugar industry

Business, Top Stories
An Iloilo-based sugarcane planters' group is calling on President Ferdinand Marcos Jr. to immediately intervene to save the Philippine sugar industry amid the drop in millgate sugar prices.The Jalasig Sugarcane Planters Association Inc. (JSPAI) in an open letter to the president on Monday, October 20, called for "accountability, decisive governance and immediate intervention to preserve the strength and viability of the Philippine sugar industry."The group said that should the Sugar Regulatory Administration (SRA) “leadership fail to arrest the situation and safeguard the integrity of local production, we respectfully urge that they step aside to allow more capable leadership to take decisive action".JSPAI, which has 5,666 members, warned that the livelihoods of thousands of Fi...
SSS extends social security coverage to 133 CLMMRH job order workers

SSS extends social security coverage to 133 CLMMRH job order workers

Business, Top Stories
SSS Bacolod Branch head Brenda Cruz, Senior Vice President for Mindanao Operations Group Dr. Lilani Benedian, Senior Vice President for Visayas Operations Group Alberto Montalbo and Commissioner Eva Arcos with CLMMRH Medical Center Chief II Dr. Joan Cerrada and Chief Executive Officer Shareen Caelian (l-r) after the ceremonial signing of the MOA.*A total of 133 Job Order (JO) and Contract of Service (COS) workers of the Corazon Locsin Montelibano Memorial Regional Hospital (CLMMRH) are now covered as self-employed members of the Social Security System (SSS) under the KaSSSangga Collect Program (KCP).SSS Senior Vice President for Visayas Operations Group Alberto Montalbo said that CLMMRH will implement an automatic salary deduction scheme for these workers' SSS and EC contributio...
Globe Business drives marketing technology

Globe Business drives marketing technology

Business
A participant engages with Globe Business’ interactive “Mix & Match” booth game featuring Retail Solutions, discovering how tools like Inquiro, m360, and Google Workspace with Gemini can help retailers connect data, communication, and collaboration for greater efficiency.*Globe Business is helping retailers, marketers, and supply chain leaders transform the way they engage customers and run operations by harnessing the power of data, MarTech, collaboration tools, and reliable connectivity. At a time when industries face mounting pressure from shifting consumer behavior, rising costs, and operational complexities, Globe Business is emerging as a trusted innovation partner that enables enterprises to thrive in a digital-first economy, a press release from Globe said.Their rec...
Guv inks landmark MOA with int’l software firm

Guv inks landmark MOA with int’l software firm

Business, Top Stories
Provincial Legal Officer Alberto Nellas II, Gov. Eugenio Lacson, Layertech CEO Maria Jhian Sangil and NOLITC School Administrator Ma. Cristina Orbecido (l-r) at the MOA signing.*Governor Eugenio Jose Lacson on Monday, Oct. 20, signed a Memorandum of Agreement (MOA) with Layertech Software Labs Inc., officially making the Negros Occidental provincial government the software company's first government global partner for technology and digital skills development.Lacson thanked Layertech for making the province's Negros Occidental Language and IT Center (NOLITC) its pioneering global partner.Lacson said he hopes NOLITC “could be at par with other international partners” in technology training.Maria Jhian Sangil, Layertech CEO, said this is a pioneering program in collaboration ...
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