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Fortified NGCP calls for more power sector investments for optimum system benefits

The National Grid Corporation of the Philippines (NGCP) on Tuesday highlighted the need for greater investments in power generation projects, more so now when the transmission grid across the country has interconnected and necessarily strengthened.

Aboitiz Power unit helps stabilize power in Mindanao

Aboitiz Power Corp. subsidiary Therma Marine Inc. (TMI) on Tuesday projected greater stability of power across the Mindanao grid with the ceremonial switch-on of the 49-megawatt hybrid battery energy storage system (BESS) on a floating platform in Maco, Davao de Oro.

Batch of 600,000 license cards delivered to address LTO backlog

The Land Transportation Office (LTO) on Tuesday received another 600,000 driver's license cards that will help address a growing backlog, Transportation Secretary Jaime J. Bautista said. 

Two-day transport strike rated inconsequential

The Department of Transportation (DOTr) on Tuesday said the two-day strike by transport groups Manibela and Piston proved unsuccessful and by this token inconsequential.

“MPTC buyout offer to government stands, it’s dispute with PEATC notwithstanding”

Metro Pacific Tollways Corp. on Tuesday said it remains interested in acquiring the government's stake at the Manila-Cavite Expressway (Cavitex) even in the face of an ongoing dispute with its partner, the Public Estates Authority Tollway Corporation (PEATC), a unit of the Philippine Reclamation Authority (PRA).

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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