The Manila Electric Company (Meralco) said its crews are working around the clock to restore power in areas hit by Super Typhoon Uwan (international name: Fung-Wong).
San Miguel Corp. (SMC) has suspended toll fees for marked government vehicles engaged in relief and recovery operations in areas hit by Typhoon Uwan. The move supports President Ferdinand R. Marcos Jr.’s directive to ensure unhindered movement of responders across Luzon.
Net foreign direct investments (FDI) into the Philippines stayed positive in August 2025, although inflows declined by 40.5 percent to US$494 million from US$830 million a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.
Households across Metro Manila and nearby provinces will face slightly higher electricity bills this month as the Manila Electric Co. (Meralco) raised its rates by P0.1520 per kilowatt-hour (kWh).
The Government Service Insurance System (GSIS) is studying a Philippine Stock Exchange (PSE) proposal to allow pension fund members to access stock loans and other financial products, signaling potential support for initiatives that could expand retirement investment options and strengthen the local stock market.
The Philippine Competition Commission (PCC) and the Land Transportation Franchising and Regulatory Board (LTFRB) are teaming up to shake up public transport.
Singapore-based Atome, part of Advance Intelligence Group, has raised $345 million through an upsized syndicated debt facility, up from $200 million secured in 2024.
Cebu Landmasters Inc. (CLI) said it has secured approval from the Philippine Competition Commission for the entry of Japanese firm NTT UD Asia Pte. Ltd. as a partner in its Luzon expansion. The deal allows NTT UD Asia to acquire 40 percent of the voting shares of CLI Luzon Ventures Inc., the unit formed to lead the company’s developments in Luzon.