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NGCP cleared to recover ₱28B in past charges

The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.

Singapore Airlines boosts Cebu connectivity

Singapore Airlines (SIA) and its low-cost carrier Scoot have strengthened their partnership to offer more accessible international travel for Cebuano passengers, highlighting Cebu as a strategic gateway to the world.

T-Bill rates inch up despite strong demand

Philippine treasury bill rates mostly inched higher at Monday’s auction, even as investor demand remained robust, with total bids more than three times the amount on offer.

GCash, Huawei debut Watch Pay for contactless payments

Mobile wallet and payments platform GCash has teamed up with Huawei to launch Watch Pay, the country's first wearable-based payment solution, in a development that underscores both firms’ commitment to digital innovation and convenience in mobile commerce.

Smart claims Q1 dominance in wireless broadband with 430K subscribers

Smart Communications, Inc. on Monday claimed as the country's top wireless broadband provider having captured 44 percent of the market and having served over 430,000 subscribers in the first quarter of 2025. This, the company said, puts Smart ahead of its closest competitor which holds 42 percent market share for the same period.

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Alsons Power turns Sarangani diesel plant into 98.7 MW solar facility

Alsons Power has announced a major shift toward green energy by converting its 55-megawatt (MW) diesel power plant in Alabel, Sarangani, into a 98.7-megawatt solar power facility.

Globe bolsters Philippine ASEAN 2026 hosting with major connectivity push

The Philippines successfully hosted the first quarter of the 2026 ASEAN-related events backed by a massive digital infrastructure push from telecom giant Globe, marking a significant milestone in public-private collaboration for national development. Working in tight coordination with the Department of Information and Communications Technology, the National Telecommunications Commission, and the ASEAN National Organizing Council, Globe proactively deployed free mobile signal enhancements, optimized network capacities, and rolled out targeted 5G coverage across key venues in Metro Manila, Cebu, Bohol, Iloilo, and Boracay. This nationwide initiative ensured that international delegates, organizers, and media experienced seamless, high-speed communication throughout the high-profile regional summits.

Most Filipinos lack emergency savings despite rising financial literacy

A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.

PLDT secure indigenous approval for Palawan undersea cable project

Telecom giant PLDT Inc. has officially secured the backing of the Tagbanua Indigenous Cultural Communities (ICC) for its new undersea fiber-optic project, clearing a major path to boost internet reliability across Palawan.
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