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Megawide, MGI partner for Cavite BRT System

Megawide Construction Corp. and Maplecrest Group, Inc. (MGI), through their joint venture Cavite Rapid Transport, Inc. (CRTI), officially signed the contract for the Cavite Bus Rapid Transit (CBRT) System Project on27  January, a significant milestone in public transport infrastructure in the region. 

ACEN lends P30M to Pagudpud Wind

ACEN Corp., the renewable energy arm of the Ayala Group, announced on Friday that it has entered into a short-term loan agreement with its subsidiary, Pagudpud Wind Power Corp., for P30 million.

Rice prices continue easing; other commodities see price rise

The Philippine Statistics Authority (PSA) recorded mixed movements in the prices of agricultural commodities in mid-January, with potential implications for inflation. January inflation data are due 5 February.

Meralco prepares for 2025 election power needs

Manila Electric Co., the country’s largest power distributor led by business tycoon Manuel V. Pangilinan, has taken proactive steps to ensure reliable electricity during the May 12, 2025 midterm elections.

Ayala declares P208.4M dividend payout

In line with ASEAN Corporate Governance standards, Ayala Corporation has announced the declaration of its first-quarter 2025 cash dividend on Preferred "A" Shares (ACPAR).

Just in

DA warns rice price cap violators of jail, fines

The Department of Agriculture (DA) has warned rice retailers, traders, and importers that violating the government’s newly imposed price ceiling on imported rice could lead to jail time, hefty fines, and even business closures under the Price Act.

DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.
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