Meralco warns of likely power rate hike in August
Electricity rates in the Meralco franchise area are poised for an increase this August 2025, the utility announced ahead of its official rate adjustment. The expected hike is primarily attributed to rising generation and transmission charges, which are likely to impact both households and businesses.
Cosco Capital posts 9.3% profit growth in 1H
Cosco Capital, Inc., the listed retail holding company of businessman Lucio L. Co, reported a 9.3 percent increase in its consolidated net income to P7.6 billion for the first half of 2025, up from P6.97 billion during the same period last year.
Liquidity, consumption outlook improve despite YTD decline
Net foreign direct investment (FDI) inflows to the Philippines grew by 21.3 percent year-on-year in May, reaching US$586 million from US$483 million in the same month last year, according to data from the Bangko Sentral ng Pilipinas (BSP).
Smart blocks unregistered crypto exchanges following SEC order
Smart Communications, Inc. has blocked access to ten unregistered cryptocurrency exchanges in compliance with an order from the National Telecommunications Commission (NTC), following a warning from the Securities and Exchange Commission (SEC) about the platforms’ lack of proper license.
Cebu Pacific adds more flights ahead of holiday rush
Cebu Pacific is ramping up its international operations ahead of the Christmas travel surge, announcing increased flight frequencies to four major destinations: Bangkok, Da Nang, Sapporo, and Melbourne.
