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Transport chief orders arrest of drivers who overcharge passengers

The Department of Transportation (DOTr) has ordered stricter enforcement against public utility vehicle drivers who overcharge passengers as fuel prices continue to rise.

Manulife keeps watch on Middle East conflict, sees strong start in PH

The Manufacturers Life Insurance Co. (Phils.) Inc. on Monday said it is still assessing the impact of the ongoing regional war in the Middle East on its business in the Philippines. 

New Davao cold chain hub aims cutting food losses

A newly-opened cold storage facility in Davao City aims to cut post-harvest losses and strengthen the Philippines’ food supply chain, its developers said, as the country pushes to modernize agricultural logistics.

Chinese-Filipino business group eyes growth despite oil shock

Leaders of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. are turning cautiously optimistic on the Philippine economy, even as geopolitical tensions threaten to drive global oil prices higher.

Treasury yields climb as bids turn cautious

The Bureau of the Treasury partially awarded Treasury bills on Monday after investors demanded higher yields, as financial markets turned cautious amid rising tensions in the Middle East.

Just in

Toyota expands Asia role via regional training

Toyota Motor Philippines Corp. (TMP) is taking on a broader role in Toyota’s Asian operations as the automaker taps its Philippine unit to train technical instructors from affiliates across the region.

ACEN closes 10% stake sale in India solar project

ACEN Corp., the renewable energy arm of the Ayala...

JTI targets wider exports with ₱1.9-B Batangas plant

JT International (JTI) is positioning its P1.9-billion Dry Ice Expanded Tobacco (DIET) plant in Batangas to support potential production growth and broaden the Philippines’ export reach, as the country strengthens its role as the tobacco giant’s manufacturing hub for Asia.

DHSUD eyes unsold condos to expand 4PH housing

The Department of Human Settlements and Urban Development (DHSUD) is preparing a new housing financing scheme that would tap unsold condominium units for the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving private developers another channel to clear inventory while widening affordable housing options in Metro Manila.
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