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New Commercial Center to rise in Sto. Tomas

Lopez-led First Philippine Industrial Park (FPIP) broke ground on a three-story mixed-use hub inside its nearly 600-hectare space in Sto. Tomas, Batangas on September 10, 2024.

Dimalanta suspension exposes electric cooperatives to more expensive power rates

Impaired operations at the Energy Regulatory Commission (ERC) resulting from the suspension of a key official leave a number of electric cooperatives exposed to higher power rates obtained at the Wholesale Electricity Spot Market (WESM).

Manila Water enhances Marikina STP to ensure service reliability and protection of waterways

Manila Water is carrying out maintenance work at its Marikina North sewage and terminal pumping station to ensure service reliability and strict compliance with the environmental standards set by the Department of Environment and Natural Resources. 

BSP sees no point in reviving contract with AllCard

The Bangko Sentral ng Pilipinas (BSP) on Saturday saw no point in reviving the contract with equipment, raw materials, and support services provider AllCard which allegedly failed to deliver its end of the agreement but has sued to enforce it.

BSP frees captured liquidity of P380 billion with 250 basis point cut in deposit reserves

The Bangko Sentral ng Pilipinas (BSP) on Friday announced a reduction in the banks' deposit reserves from 9.5 percent at the moment to 7 percent beginning October this year.

Just in

Philippine bamboo holds ground, but bugs still bite

In a country increasingly dependent on non-wood forest products as timber supplies tighten, bamboo has become a practical stand-in for everything from furniture and handicrafts to panels and housing materials. It grows quickly, is widely available, and supports rural livelihoods. 

Affordable housing fuels Metro Manila condo recovery

Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.

CAAP, AIC deepen aviation ties through training

The Civil Aviation Authority of the Philippines (CAAP) and Aboitiz InfraCapital have launched a joint training initiative aimed at strengthening project management capabilities in the country’s aviation sector, as both groups push for more efficient and globally competitive airport operations.

Tanduay rums win top awards at international spirits competition

Rum maker Tanduay earned multiple awards at the International Spirits Competition by Enthusiast Report, highlighting its continued focus on quality and global standards.
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