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Government rejects P2.5-billion MPTC direct negotiation offer for MCTEP

The Public Estates Authority Tollway Corp. (PEATC) on Friday rejected the Metro Pacific Tollways Corp. (MPTC) offer to buy out the interest of the government in the Manila Cavite Toll Expressway Project (MCTEP) for only P2.5 billion. 

Cathay Pacific expands Philippine operations with Clark-to-Hong Kong flights by June

Cathay Pacific's budget carrier, HK Express, on Friday announced the start of flight operations between Hong Kong and Clark beginning 6 June this year. 

Fast, free, fiber internet via Converge at BIR revenue district offices

Converge ICT Solutions Inc. (Converge) has partnered with the Bureau of Internal Revenue (BIR) to offer free fiber internet access at 97 BIR revenue district offices (RDOs) nationwide. 

BDO declares property dividend, lifts dividend rate for common shares

BDO Unibank, the country’s largest lender by assets, said Friday its board approved an increase in regular cash dividend and the declaration of property dividends.

D&L Industries claims technologies to recycle single-use plastics

Listed D&L Industries Inc. said Friday after years of research and development, it can now claim to be the first and only company in the country to offer technologies which allow the recycling of single-use plastics and other products considered low-value or non-recyclable.

Just in

DOE to hold remaining ASEAN energy meetings online

The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.

FDC halts new projects as property sector faces pressure

Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.

Clark simplifies permits with auto-renewal reform rollout

Clark Development Corp. (CDC) has launched an automatic business permit renewal system for qualified locators, marking a major step in its drive to improve the ease of doing business in the Clark Freeport Zone.

Citicore bags top honors in FinanceAsia Awards 2026

Citicore Renewable Energy Corp. (CREC) strengthened its position as a leading clean energy player after securing multiple accolades at the FinanceAsia Asia’s Best Companies Poll 2026, signaling sustained investor confidence in its growth strategy and execution.
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