The national government (NG) on Wednesday reported posting a P11.2-billion budget surplus in October, marking a 76 percent increase from the same month last year. This improvement helped narrow the fiscal deficit to P1.11 trillion for the first ten months of the year, keeping the government on track with its full-year consolidation goals.
Manila Water is urging customers to avail of its free desludging service this December to keep septic tanks in good condition and avoid holiday inconvenience. The company says regular desludging helps prevent tank overflow, foul odors, and health risks from untreated wastewater, while also supporting environmental protection.
Security Bank Corp. has exceeded its 2025 sustainable finance target ahead of schedule, releasing P99.4 billion in green and social financing as of October 2025—18 percent above its full-year goal. The bank says the milestone reflects strong demand for sustainable investments in the Philippines and supports its ambition to become a leading partner in the sector.
Repower Energy Development Corp. (REDC) has started commissioning its new 18.2-MW run-of-river hydropower plant in Bukidnon. The facility, located along the Pulangi River between Valencia City and San Fernando, employed more than 900 workers during round-the-clock construction.
Finance undersecretary Karlo Fermin Adriano described the BTr as keeper of the nation’s “passbook,” responsible for raising about 90 percent of the government’s borrowing needs—an essential task that supports everything from public services to long-term economic plans.
Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.
The Philippines scored a major vote of confidence as S&P Global Ratings affirmed the country’s investment-grade credit rating, saying the economy remains one of Asia’s strongest despite a temporary slowdown.
Batu Ampar Container Terminal (BACT) and Batam Terminal Petikemas (BTP), together with Interport Mandiri Utama, will take over as the single operator of the North Pier at Batu Ampar Port beginning December this year. The move is part of a major effort to modernize operations and boost Batam’s position as a regional logistics hub.
GCash’s new in-app feature for buying shares in initial public offerings (IPOs) and follow-on offerings (FOOs) is gaining traction, opening fresh growth opportunities for listed companies while making the stock market more accessible to everyday Filipinos.