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More shocking details in OVP, DepED confidential fund usage

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Lawmakers have uncovered additional red flags regarding the confidential funds of the Office of the Vice President and the Department of Education for 2022 and 2023. The House Blue Ribbon Committee’s investigation revealed extravagant spending patterns, including rental payments for safe houses that exceeded costs for overnight stays in top-tier hotels or monthly rentals in high-end condominiums. Additionally, expenditures related to youth leaders' summits organized by the Philippine Army in collaboration with the Department of Education were flagged for scrutiny.

Robinsons Land to sell 318.9M shares in RL Commercial REIT for P1.87B

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Robinsons Land Corp. , the property development arm of the Gokongwei Group, on Friday said its board has approved the sale of 318.9 million common shares of RL Commercial REIT Inc. at a transaction price of P5.86 per share. 

PBCom completes peso bond offer ahead of schedule

Corporate Context.ph Context.ph -
The Philippine Bank of Communications said Friday it completed ahead of schedule its inaugural peso bond offering at aims to raise around P2 billion to refinance debt and support loan growth.

Report: PH lost $8.1B to online scams in 2024

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The Philippine economy lost an estimated USD8.1 billion, around 1.9 percent of gross domestic product, through online scams despite growing awareness among Filipinos, the 2024 State of Scams in the Philippines report showed.

Alternergy consolidates land holdings 

Energy & Mining Context.ph Context.ph -
Renewable energy company Alternergy Holdings Corp. recently established land holding firm Triple Play Land Corp. (3PLCo) to centralize its land assets in various renewable energy (RE) projects, including wind, solar, and run-of-river hydro.
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Just in

Analog TV in Mega Manila to shut down November 22

Top News 0
The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.

Meralco wins pride award for building more inclusive workplace

Corporate Bulletins 0
Manila Electric Co., the country’s largest listed distribution utility better known as Meralco, is proving that powering the good life means powering a workplace where everyone belongs.

Slow LGU permitting still holding back telco rollout, even as reforms show early progress 

Communications & Technology 0
Globe Telecom is calling for quicker action from local government units on telecommunications permits, saying lingering delays remain a key barrier to expanding internet and mobile service—especially to far-flung and underserved communities. While recent reforms have yielded early results, bureaucratic inertia continues to slow down the rollout of critical infrastructure.

Tourism crossroads

Opinion 0
Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.
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