August inflation seen to rebound slightly
Inflation is expected to edge up in August to between 1.4 percent and 1.5 percent, following July's six-year low, according to Jesus Mariano “Manny” Ocampo, president and COO of the Investment & Capital Corporation of the Philippines (ICCP). The anticipated uptick is attributed to flood-related supply disruptions in agriculture and the delayed impact of U.S. tariffs on select exports.
Meralco hikes power rate by P0.63/kWh this August
The Manila Electric Company (Meralco) has implemented a rate increase of P0.6268 per kilowatt-hour (kWh) this August, bringing the overall residential rate to P13.2703 per kWh from P12.6435 per kWh in July. This translates to an additional P125 in the monthly electricity bill for a typical household consuming 200 kWh.
Philippines blanks China, 14-0, in World Games floorball match
The Philippine men’s floorball team didn’t just salvage seventh place—they lit up Chengdu like a Roman candle, bulldozing host China in a 14-0 beatdown...
Globe Telecom seeks revisions to digital inclusion bill
Globe Telecom has urged President Ferdinand Marcos Jr. to return the Konektadong Pinoy (KP) Bill to Congress for further refinement, citing the need for policy adjustments to ensure fair competition and long-term digital inclusivity.
Metro Manila hotels hold ground amid slump
Hotel occupancy in Metro Manila remained stable at 64 percent in the first half of 2025, up one percentage point from last year, according to real estate consultancy Colliers. However, occupancy is expected to hover just above 60 percent for the rest of the year amid weak foreign tourist arrivals and an incoming wave of new hotel rooms.
