Transport chief Dizon delays EDSA Busway privatization
In a strategic shift, newly appointed transportation secretary Vince Dizon on Tuesday announced a delay in the privatization of the EDSA Busway system’s operations and maintenance (O&M), pushing back the process to prioritize the rehabilitation of the system’s stations.
ERC hits deferment button on P20.32B transmission projects
The Energy Regulatory Commission (ERC) has deferred the approval of capital expenditure projects proposed by the National Grid Corporation of the Philippines (NGCP) totaling P20.32 billion.
BOC-NAIA seizes P4.3M in undeclared FX at NAIA Terminal 1
The Bureau of Customs at Ninoy Aquino International Airport (BOC-NAIA) intercepted undeclared foreign currencies valued at approximately P4.3 million from a departing passenger at NAIA Terminal 1 on Friday, February 21—well beyond the USD 10,000 limit.
GFiber Prepaid: A catalyst for Globe’s broadband growth in PH
Globe’s GFiber Prepaid has emerged as the fastest-growing prepaid fiber brand in the Philippines, reaching 260,000 subscribers in the fourth quarter of 2024, marking a 74 percent increase from a quarter prior.
SEC expands repo market to include non-banks
The Securities and Exchange Commission (SEC) has announced an expansion of the government securities repurchase agreement (Repo) market to include non-bank financial institutions, significantly broadening participation beyond the previously eligible dealers.
