The Department of Transportation (DOTr) said the fare rate increase for Light Rail Transit Line 1 (LRT-1) set for 2 April is essential for maintaining the operational viability of the rail line and supporting its long-term upgrades, including the recently completed Cavite extension under the Public-Private Partnership (PPP) contract.
The Department of Energy (DOE) has announced new regulatory initiatives and public consultations aimed at accelerating the adoption of electric vehicles (EVs) across the country.
Filinvest Development Corp. (FDC), the holding firm of the Gotianun family, has committed P24 billion as capital expenditure (capex) for 2025, marking a 20 percent increase from the P20 billion spent last year.
SGV & Co., the Philippines' largest accounting firm, has announced the appointment of Rossana A. Fajardo as the new country managing partner, effective 1 July.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.