Wednesday, 17 September 2025, 12:23 am

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    New water system unveiled in Basilan

    The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.

    VITRO Inc. reports record growth in colocation business

    VITRO Inc., the data center division of the PLDT Group and a wholly-owned subsidiary of ePLDT, has posted a 36 percent year-on-year revenue increase in its colocation business for the first half of the year.

    MPCALA partners to complete CALAX construction

    MPCALA Holdings Inc., the concessionaire of the Cavite-Laguna Expressway (CALAX), has signed an agreement with EEI Corporation and CM Pancho Construction, Inc. (CMPCI) to complete the remaining construction works of CALAX.

    FDI remains a vital capital source despite slower inflows

    Foreign direct investments (FDI) continue to provide critical supplementary capital that the Philippines cannot generate domestically, despite a slowdown in inflows, according to the Bangko Sentral ng Pilipinas (BSP).

    Jobless rate hits 3-year high 5.3% in July amid storms

    The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

    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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