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January Meralco billing seen higher due to increased WESM prices

The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in January as a result of higher charges imposed by the Wholesale Electricity Sport Market (WESM).

Villar-owned MCX charges P1 more starting February

The Muntinlupa-Cavite Expressway (MCX) charges P1 more for using its freeway starting at the end of the month, the Toll Regulatory Board said on Monday. 

11-month meat imports in 2023 similarly down 11 percent

The Philippines in the first eleven months last year imported 1.12 billion kilograms of meat, 10.9 percent lower than 1.25 billion kilograms of the commodity in 2022, according to the Bureau of Animal Industry (BAI).

FSCC acts proactively and prioritizes strengthening the bond market in 2024

The Financial Stability Coordination Council (FSCC), whose goal is to arrest risks before they become systemic, has begun fortifying the domestic bond market.

Cebu Air accepts resignation of Frederick Go as director, names cousin David Go as replacement

Listed airline Cebu Air Inc. announced Monday the resignation of Frederick Go as director of the board of the country's largest budget carrier flying under the brand name Cebu Pacific.

Just in

ICS, PSA integrate nat’l ID into CreditMo for faster, safer credit access

Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have formalized a partnership linking the National ID Authentication Services (NIDAS) to CreditMo, making ICS the first Special Accessing Entity and credit bureau partner successfully integrated with the system. For consumers, verifying identity to access credit information is now one quick step using the National ID, replacing the earlier multi-document process. Checks run directly against the National ID database, cutting fraud risk and protecting personal credit data.

BIR rolls out eARMS to tighten tax collection, eases delinquencies settlement 

The Bureau of Internal Revenue (BIR) has rolled out a new digital system nationwide aimed at tightening the collection of delinquent taxes while making it easier for taxpayers to verify and settle outstanding obligations.

Skyro expands Philippine fintech rewards with cashback

Securities and Exchange Commission-registered fintech platform Skyro is broadening its Philippine financial services offering with a customizable cashback program designed to give eligible customers greater flexibility over everyday spending.

Globe logs 1,245 cable theft cases, calls for united national action to protect vital connectivity

Globe is sounding the alarm on surging cable and network equipment theft, reporting 1,245 pilferage incidents as of September 2026, and urgently calling for coordinated action from government down to the barangays to stop the damage.
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