WESM rates drop 11% in May, easing power costs for businesses and consumers
The average price of electricity in the Wholesale Electricity Spot Market (WESM) dropped by 11.2 percent to ₱4.01 per kilowatt-hour (kWh) in May, offering relief to commercial and residential consumers amid steady demand growth, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Airlines launch June seat sales amid rising competition
Philippine Airlines (PAL) and AirAsia Philippines have launched major seat sales running from 2 to 15 June, aiming to stimulate travel demand and expand market reach during the midyear travel period.
Globe Fintech stock split fuels GCash IPO speculation
Globe Fintech Innovations Inc., the operator of mobile payments platform GCash, has announced that its board has approved a stock split—widely seen as a potential prelude to a future initial public offering (IPO).
BOC bags top award for ‘record-breaking’ seizures of fake goods
The Bureau of Customs (BOC) received top honors from the Intellectual Property Office of the Philippines (IPOPHL) for leading the country in intellectual property rights (IPR) enforcement, accounting for 85% of total seizures made by the National Committee on Intellectual Property Rights (NCIPR) in 2024.
Cebu Pacific named fastest-growing Filipino brand in 2025
Cebu Pacific, the country's leading low-cost carrier, has been recognized by London-based consultancy Brand Finance as the fastest-growing Filipino brand and ranked sixth among the strongest brands in the Philippines for 2025, reflecting its aggressive network expansion and surging operational performance.
