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The Manila Electric Co (Meralco) on Friday announced a P0.4883 per kilowatt-hour (kWh) increase in electricity rates for July, raising the overall rate to P12.6435/kWh from last month’s P12.1552/kWh. This follows two consecutive months of rate reductions totaling P0.8575/kWh, signaling a reversal that could significantly impact both households and businesses.

Cebu Landmasters, Inc. (CLI) posted a record-high revenue of P19.5 billion in 2024, a strong performance despite persistent market headwinds. 

DoubleDragon Corp., a listed property developer, said its gross floor area reached 1.5 million square meters with the completion of its fully pre-leased 5-hectare CentralHub warehouse complex in Cebu.

PLDT Enterprise has reinforced its 23-year partnership with the Philippine Retailers Association (PRA), securing strategic agreements that enable the telco to deliver customized digital solutions to retail businesses nationwide. This renewal supports PLDT’s broader commercial objective of accelerating digital adoption across industries and bolstering its leadership in the enterprise ICT market.

BDO Unibank has rolled out its universal teller machine (UTM)—a self-service solution that consolidates multiple banking transactions in one device.