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Weak peso, one-off item in 2022 weigh down Universal Robina earnings

Universal Robina Corp., the food arm of the Gokongwei Group, saw net income decline 13 percent last year to P12.2 billion, hurt by a...

EDSA busway project seen completed in two years

The Department of Transportation (DOTr) targets to privatize the NCR EDSA Busway Project by 2025. “Within the next few months we will finalize the feasibility...

Telco harnesses AI for optimum power consumption performance

Smart Communications, a subsidiary of PLDT Inc., has deployed a new "green radio" solution across its network that  uses artificial intelligence (AI) to optimize...

Globe claims dominance in mobile phone RMS

Globe Telecom Inc. over the weekend claimed top billing as lead mobile phone service provider in the Philippine for the seventh year in a...

FAO grants USD1 million technical cooperation program for the Philippines

The Food and Agriculture Organization of the United Nations (FAO) has granted a USD1 million funding for technical cooperation projects to be implemented in the country. The focus of the program is the agri-fisheries sector.

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Filinvest launches promo to make home buying easier

Filinvest Land, Inc. (FLI) has rolled out its Kaya-Sulit Ready-for-Occupancy (RFO) Promo to make buying homes more affordable and easier for Filipinos. The program is offered in partnership with EastWest Bank and the Bank of the Philippine Islands (BPI).

Cebu Landmasters expands to Cavite with new township project

Cebu Landmasters Inc. (CLI) has acquired a 70-hectare property in Dasmariñas, marking its entry into Luzon’s fast-growing areas.

Marikina lawmaker warns scrapping fuel VAT may hurt Philippines’ credit rating

A senior lawmaker has warned that removing the value-added tax (VAT) on fuel could do more harm than good to the Philippine economy, even as public pressure grows to ease rising fuel prices.

DOTr launches P1B support program for PUV drivers, offers fare discounts

The Department of Transportation (DOTr) will roll out a P1 billion service contracting program to support public utility vehicle (PUV) drivers and operators starting April 15, 2026. The program will run for two weeks.
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