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SBMA sets October deadline for P7-B Subic airport PPP

The Subic Bay Metropolitan Authority (SBMA) has set Oct. 29 as the deadline for competing bids for the P7-billion redevelopment of Subic Bay International Airport (SBIA), moving the long-awaited project closer to a head-to-head challenge.

Security Bank wins ABF awards for digital banking, Terra Solar

Security Bank Corp. and its investment banking arm Security Bank Capital Investment Corp. have won three Asian Banking & Finance Awards 2026, recognizing their digital banking initiatives and role in financing one of the Philippines’ largest renewable energy projects.

Nextbank, MCRBi deepen digital banking push in CALABARZON

Nextbank and Mount Carmel Rural Bank, Inc. (MCRBi) are expanding their partnership to bring mobile banking services to more customers in CALABARZON, giving households and small businesses greater access to digital financial services.

Senate President eyes vape, wealth taxes to offset losses

Senate President Sherwin Gatchalian is looking to raise taxes on vaping products and develop a Philippine version of a wealth tax to offset revenue losses from a proposed repeal of the travel tax while supporting economic growth.

Gilas women rain 3s to end Mexico campaign

The women of Gilas Pilipinas brought a monsoon to Guadalajara, raining 3-pointers and shooting a torrential 70 percent from two-point range to beat Senegal, 79-75, and close their FIBA Women’s Olympic Pre-qualifying tournament campaign with a victory.

Just in

Ticket costs rise October 1–15 as CAB hikes fuel surcharge

Airline tickets will cost more in the first half of October after the Civil Aeronautics Board (CAB) raised fuel surcharges in response to steeply rising jet fuel prices. In an official advisory, the CAB announced both domestic and international passenger and cargo fuel surcharges will move to Level 17 from October 1 through 15, up from Level 14 applied during the latter half of September.

SMPC pushes for fair, capability-based bidding rules for coal sites

Semirara Mining and Power Corp. is calling on the Department of Energy to ensure fair process in updated bidding rules for pre-identified coal areas, stressing bidders must be pre-qualified on technical skill, experience, and financial strength.

PEZA, BEZA advance ecozone plans in Bangsamoro provinces

The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.

DOJ backs Filipino use in court to expand access

The Department of Justice (DOJ) is backing broader use of Filipino in court proceedings, saying greater access to the national language could help close the gap between the justice system and ordinary Filipinos.
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