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Manila terminal debuts zero-emission e-trucks

The Manila International Container Terminal (MICT), the flagship port of International Container Terminal Services, Inc. (ICTSI), has launched the first fully electric terminal tractors in the Philippines, marking a key milestone in sustainable port operations.

Aboitiz InfraCapital takes over Bohol-Panglao Airport operations

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has formally assumed operations of the Bohol-Panglao International Airport (BPIA), marking a major step in its strategic expansion across the Philippine aviation sector.

DICT targets 50% cut in PH internet costs by 2028

The Department of Information and Communications Technology (DICT) aims to reduce broadband internet costs in the Philippines by up to 50 percent over the next three years, DICT Secretary Henry R. Aguda told journalists at the Economic Journalists Association of the Philippines or EJAP Infrastructure Forum.

Geopolitical heat sends fuel prices soaring

Retail pump prices surged by over P1 per liter this week, marking the second straight week of hikes, as geopolitical and market dynamics tighten global supply.

PGEC secures third RCBC loan for solar development

PetroEnergy Resources Corp. (PERC) announced that its affiliate, San Jose Green Energy Corp. (SJGEC), has secured a P498-million term loan facility from Rizal Commercial Banking Corp. (RCBC) to partially finance its 19.6-megawatt solar power project in San Jose, Nueva Ecija.

Just in

PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

Banks to build releasable capital buffer for crisis lending 

The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.
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