UBX boosts MSME financing, partners with UNO, SEA’s premier digital bank

MANILA, Philippines — UBX, the country’s leading open finance platform, has entered into a strategic partnership with UNOBank (UNO Digital Bank), Southeast Asia’s first full-spectrum digital bank, to make credit more accessible to micro, small and medium enterprises (MSMEs) nationwide. In a statement, UBX said the collaboration will enable SeekCap to expand its MSME financing […]

Typhoon Betty causes P1.4 Million damage to BENECO’s power infrastructure

BAGUIO CITY — Typhoon Betty (international name: Mawar) caused extensive destruction to the poles and electrical lines of the Benguet Electric Cooperative (BENECO), resulting in a substantial damage cost of P1.4 million, the electric cooperative said in a statement. BENECO said that it is diligently prioritizing the swift replacement of its 37-year-old substation power transformer […]

BENECO’s distribution system damaged by typhoon Betty, recovery underway

BAGUIO CITY — Despite escaping the direct impact of super typhoon Betty (international name: Mawar), Benguet Electric Cooperative (BENECO) is grappling with the aftermath of the storm as gusty winds and heavy rains wreaked havoc on its distribution system, resulting in over P220,631.33 in damages. In a statement, BENECO said the effects of the storm […]