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LRT-1 fare hike justified as necessary for maintenance and expansion

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.

New guidelines aim to sooth range anxiety among EV owners

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.

FDC boosts capex to P24B, eyes 20% growth

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 appoints new country managing partner

SGV & Co., the Philippines' largest accounting firm, has announced the appointment of Rossana A. Fajardo as the new country managing partner, effective 1 July.

China Airlines finalizes order for ten A350-1000s

Taiwan's China Airlines has signed a firm order with Airbus for ten A350-1000 aircraft, finalizing a commitment first announced in December 2024.

Just in

Eala’s HK Open final ends in heartbreak, but ranking soars

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.

Fuel prices set for big drop this week 

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.

DNL cautiously optimistic of prospects in 2027

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.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

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.
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