NGCP cleared to recover ₱28B in past charges
The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.
Singapore Airlines boosts Cebu connectivity
Singapore Airlines (SIA) and its low-cost carrier Scoot have strengthened their partnership to offer more accessible international travel for Cebuano passengers, highlighting Cebu as a strategic gateway to the world.
T-Bill rates inch up despite strong demand
Philippine treasury bill rates mostly inched higher at Monday’s auction, even as investor demand remained robust, with total bids more than three times the amount on offer.
GCash, Huawei debut Watch Pay for contactless payments
Mobile wallet and payments platform GCash has teamed up with Huawei to launch Watch Pay, the country's first wearable-based payment solution, in a development that underscores both firms’ commitment to digital innovation and convenience in mobile commerce.
Smart claims Q1 dominance in wireless broadband with 430K subscribers
Smart Communications, Inc. on Monday claimed as the country's top wireless broadband provider having captured 44 percent of the market and having served over 430,000 subscribers in the first quarter of 2025. This, the company said, puts Smart ahead of its closest competitor which holds 42 percent market share for the same period.
