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Malacañang suspends LTFRB chief on alleged irregularities involving transport modernization

Malacanang has ordered the suspension of the chief of the Land Transportation Franchising and Regulatory Board (LTFRB) on alleged corruption and irregularities. 

Inflation peeling away from target increases policy rate adjustments – Moody’s unit

Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.

Fuel retailers cut the price of oil products at the pumps

Fuel oil price at the pumps ease beginning Tuesday as the various retailers cut back on the price of the commodity.

Concepcion Industrial to bring Shark and Ninja brands in PHL 

Concepcion Industrial Corp. on Monday bared forging a strategic partnership with JS Global APAC Pte Ltd. for the exclusive distribution of Shark and Ninja household appliance products in the Philippines. 

Po, Gokongwei families buy out Singapore wealth fund in Shakey’s

The Po and Gokongwei families jointly owning Shakey’s Pizza Asia Ventures Inc. on Monday acquired the entire shareholdings of the Singaporean sovereign wealth fund GIC Pvt Ltd. 

Just in

NLEX toll rebates offered to help operators cope with fuel hikes

Metro Pacific Tollways Corporation (MPTC) announced on Friday a temporary toll rebate program to help ease the impact of rising fuel costs on the transportation sector.

Spending pullback boosts January budget surplus

The National Government opened 2026 with a fiscal jolt, posting a P165.4-billion budget surplus in January—more than double the P68.4 billion recorded a year earlier—as steady revenues met sharply lower spending.

Manila Water boosts supply security with new water sources

Manila Water said it is strengthening water supply reliability for its East Zone customers by expanding alternative water sources, reducing its dependence on Angat Dam.

inDrive launches fuel aid, incentives for drivers amid rising costs

Ride-hailing platform inDrive has introduced a ₱2.7 million fuel voucher program to help its active drivers cope with rising fuel prices and operating costs.
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