Tuesday, 16 September 2025, 10:47 pm

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    PH, Cambodia push stronger agri ties in bilateral talks

    Agriculture Secretary Francisco P. Tiu Laurel Jr. held a bilateral meeting September 9 with Cambodian Minister of Agriculture, Forestry and Fisheries Dith Tina to strengthen agricultural cooperation between the two Southeast Asian nations.

    SM Prime raises $350M from oversubscribed 5-year bond offering

    SM Prime Holdings Inc. has raised US$350 million through the issuance of five-year US dollar-denominated notes, marking its inaugural dollar bond issuance under the US$3 billion euro medium-term note (EMTN) program launched in May 2024.

    Travellers to inject up to $450M more Into Westside City Project

    Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.

    SEC opens fast-track registration to foreign firms

    The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.

    Meralco rate down in September on lower generation costs

    The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.

    Just in

    BSP deploys new anti-scam law to probe flood control corruption accounts

    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.

    PAL tops Asia-Pacific for on-time performance in August

    Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.

    Grab faces new oversight in driver incentives

    Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.
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