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Power rates rise in March; households, businesses face higher electricity bills

The Manila Electric Company (Meralco) announced a power rate increase for March, raising electricity prices by P0.6427 per kilowatt-hour (kWh).

New road link to NLEX expected to boost access for Mabalacat homeoners

A planned road project connecting the North Luzon Expressway (NLEX) Sta. Ines exitto the Mabalacat–Atlu Bola Bypass Road is expected to improve travel and reduce traffic congestion in the fast-growing city of Mabalacat City, according to the Department of Public Works and Highways (DPWH).

Filinvest Land Taps Banks For P11.6B Bonds

Filinvest Land Inc. has tapped a consortium of major banks to underwrite and arrange a planned bond offering of up to P11.57 billion, as the Gotianun Group’s property arm returns to the debt market to support expansion.

Hotel101 opens Madrid hotel, boosts global expansion

Hotel101 Global Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., has opened its first European property with the launch of Hotel101 Madrid, marking the international debut of a Filipino homegrown hotel brand.

TransUnion, Mastercard tie up to expand credit access

Financial institutions in the Philippines may soon gain deeper insights into consumer financial behavior after TransUnion Philippines partnered with Mastercard to combine data and analytics capabilities aimed at widening access to credit.

Just in

Jobless rate jumps in January as labor participation slips

More Filipinos joined the ranks of the unemployed in January, with fresh labor data pointing to a softer job market after the Christmas season surge despite pockets of hiring across several industries.

Globe, GCash bring free Wi-Fi and cashless payments to Lucena Public Market

Globe Telecom and GCash have launched a pilot program providing free public Wi-Fi at Lucena Public Market to support cashless transactions among vendors and shoppers.

US expands forced-labor probe worldwide, Philippines included

Washington has launched a sweeping trade investigation that now places the Philippines and 59 other economies under scrutiny over their enforcement of bans on goods made with forced labor.

IFC backs OnePuhunan to expand loans for rural women-led businesses

The International Finance Corporation (IFC) and CreditAccess Philippines Financing Company Inc. (OnePuhunan) have formed a partnership aimed at expanding access to finance for micro and small businesses in rural areas of the Philippines, with a focus on women-led enterprises.
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