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‘Pursuing PTMP aligns with goal of advancing public welfare’

The Department of Transportation (DOTr) on Monday ruled out any suspension of the Public Transport Modernization Program (PTMP), saying such would disrupt the delivery of services essential for the public.

Converge designs fiber internet for condo dwellers

Converge ICT Solutions Inc., the country’s leading fiber broadband provider, has launched new contract-free FiberX plans specifically designed for condominium dwellers.

Cebu Pacific adds three more Airbus aircraft to its fleet

Cebu Pacific on Monday took delivery of three aircraft, boosting its operational capacity to accommodate the increasing number of air travelers.

BSP awaits further inflation softening cues before easing monetary policy

The Bangko Sentral ng Pilipinas said Monday it could start easing interest rates if inflation continues to decelerate with the help of softening rice prices following the reduction of tariff to 15 percent from 35 percent with the implementation of Executive Order 62.

PSBank 1H net profit bolstered by strong loan demand, better credit quality

Strong consumer demand for loans and a significant improvement in credit quality bolstered earnings in the first half of Philippine Savings Bank, the thrift banking arm of the Metrobank Group.

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Vena Energy commits P245.3B to Philippine industrial growth

Singapore-based Vena Energy is advancing P245.3 billion in renewable energy investments in the Philippines, with plans to develop an additional 2.6 gigawatts-peak (GWp) of capacity to meet rising power demand and support industrial expansion.

₱150 plastic tax may raise costs across Philippine economy

A proposed P150-per-kilogram excise tax on single-use plastics could increase costs across the Philippine supply chain, with potential consequences for consumers, small businesses and manufacturers, according to the Philippine Plastics Industry Association (PPIA).

BSP rate call, GCash IPO set tone for volatile market

Philippine stocks enter Monday caught between the promise of...

Wang wins SJM Macao Open in playoff after last year’s heartbreak

Chinese-Taipei’s Wang Wei-hsuan gained redemption at the $1-million SJM Macao Open, defeating Korean star Sungjae Im in a playoff to claim his first Asian Tour title at Macau Golf & Country Club.
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