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CebPac serving more international, domestic direct flights beginning October

Cebu Pacific  on Wednesday announced the expansion of its Cebu hub with direct flights to Masbate in the Philippines and Bangkok, Thailand starting October 2024.

Inflation nudges higher in May to 3.9%

Inflation nudged higher in May to 3.9 percent, lower than most analysts' forecasts averaging 4 percent, versus only 3.8 percent in April, the Philippine Statistics Authority said on Wednesday.

Phinma cementing forces with Floirendo group 

Philcement Corp., a unit of Phinma Corp., on Tuesday joined forces with the Floirendo-led management and investment company ANFLOCOR in building a modern cement manufacturing plant in Davao del Norte. 

Malacanang seen acting decisively on MB members ostensibly hiring ghost employees

The Office of the President is certain to act quickly on the matter involving the hiring and subsequent resignation of absentee Bangko Sentral ng Pilipinas (BSP) employees ostensibly hired by members of the policy-making, seven-member Monetary Board.

Inflation averaging 4% in 2024 doable

Bangko Sentral ng Pilipinas governor Eli Remolona on Tuesday said inflation, or the rate of change in prices, averaging lower than the ceiling of 4 percent this year is achievable.

Just in

ERC approves higher refund for Meralco customers, may shorten payout period

The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).

DigiPlus links ArenaPlus to global anti-match-fixing network

DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.

Federal Land sees steady demand despite incertainty

Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.
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