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NGCP wheeling rates rise 4.81% in March; transmission charges climb 11.51%

The National Grid Corporation of the Philippines (NGCP) announced a 4.81 percent increase in its transmission wheeling rates for the March 2025 billing period, a development expected to impact the power cost structures of distribution utilities and electric cooperatives nationwide.

Lorenzo Shipping sells shares to National Marine for P165.5M

Lorenzo Shipping Corp. Said its board has approved the issuance of additional common shares to National Marine Corp., a sale that raised P165.5 million...

BDO serves up dining deals up to 55% off for credit cardholders

Dining out just got tastier—and a whole lot more affordable—for Filipino foodies, thanks to a major dining promotion from BDO Unibank.

SMC Infrastructure activates holiday traffic plans to ease expressway congestion

SMC Infrastructure has implemented comprehensive traffic management plans across its expressways to address the expected surge in motorists beginning Monday, 14 April as Filipinos head to the provinces for the Holy Week.

Emperador eyes 2025 recovery with shift to budget brandy amid global headwinds

Emperador Inc., the liquor unit of billionaire Andrew Tan’s Alliance Global Group, is repositioning its brandy portfolio toward the lower-priced segment in a bid to recover from a difficult 2024, where net income dropped sharply on the back of weakening global demand and continued investment spending.

Just in

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Caltex widens network, reaches 600 Philippines stations

Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.

Manulife Philippines taps Manish Sangal to drive AI

Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.

BPI expands sustainability push beyond green finance 

Bank of the Philippine Islands is widening its sustainability agenda beyond environmental initiatives, ramping up support for underserved sectors, small businesses, and financial inclusion programs nationwide.
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