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LRMC pulls LRT-1 train from service after leak, tightens maintenance for commuter safety

Light Rail Manila Corp. (LRMC), operator of LRT-1, immediately removed a fourth-generation train from service after detecting a water leak inside one carriage, acting swiftly to protect passenger comfort and reliability.

SEC mandates OARS for all new fundraising registration filings

The Securities and Exchange Commission (SEC) will require all companies raising capital in the equities and debt markets to file registration statements exclusively through its Online Application for Registration Statements (OARS) platform, under Memorandum Circular No. 24.

Lenovo rises 43 spots to #153 on Fortune Global 500, all-time high

Lenovo has climbed 43 places to rank 153rd on the latest Fortune Global 500 list, marking the highest position in the company’s history and one of its most notable advancements in recent years.

Levanta Renewables secures ₱6.2-B funding for 166-MWp Iloilo solar-plus-storage facility

Singapore-based Levanta Renewables has reached financial close on its 166-megawatt peak solar power plant paired with an 80-megawatt-hour battery energy storage system in Barotac Viejo, Iloilo, sealing the ₱6.215-billion co-financing deal with Philippine National Bank during an August 5, 2026 ceremony at Makati Shangri-La.

PMFTC says BIR crackdown curbs illicit cigarette trade

Philip Morris Fortune Tobacco Corp. (PMFTC) said intensified enforcement by the Bureau of Internal Revenue (BIR) and other government agencies has helped reduce illicit cigarette trade, potentially limiting tax leakages from untaxed tobacco products.

Just in

PH compounded pharmacy market set to hit P212 billion amid rising demand for personalized care

The compounded pharmacy market in the Philippines is seen growing 1.8 percent higher this year to around P212 billion from its level in 2025, personalities at the PRIMA ASEAN Congress in Taguig City said.

NFA boosts rice stocks, advances modernization at 54

The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.

NTC fines 3 Telcos over poor Metro Manila broadband service 

The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.
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