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Maynilad signs P998M contract to upgrade STPs

West Zone concessionaire Maynilad Water Services Inc. has awarded a P998-million contract to JGC Philippines, Inc – Hitachi Asia Ltd. Consortium to upgrade six of its sewage treatment plants in Bagbag, Congressional Road, Project 7 and Tatalon in Quezon City and at Paco in Manila.

DOTr prepares for route rationalization as PUV modernization deadline looms

The Department of Transportation on Wednesday bared laying out measures preparatory to the full implementation of the Public Utility Vehicle Modernization Program (PUVMP) after the 31 December 2023 deadline to consolidate.

BDO completes take over of Podium properties

BDO Unibank Inc. said on Wednesday it completed buying out Keppel Philippines Properties Inc. and Opon-KE Properties Inc. in SM Keppel Land Inc. which owns the Podium complex in Ortigas Center.

Over 500,000 MT of imported rice due to arrive December through February

Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.

P16-billion investment cements MVP seat as SPNEC chairman, CEO

Businessman Manuel V. Pangilinan is set to become chairman of SP New Energy Corp. (SPNEC) once MGen Renewable Energy (MGreen) completes its P15.9 billion investment in the solar energy firm founded by Leandro Leviste.

Just in

Benitez seeks emergency powers to fix Visayas power crisis

House Deputy Speaker and Bacolod Rep. Albee Benitez is pushing Congress to grant President Ferdinand Marcos Jr. emergency powers to tackle the Visayas power crisis.

PSEi, peso pressure builds ahead of inflation

Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.

NDC, PEZA explore state properties for economic hubs

The National Development Co. (NDC) is exploring a partnership with the Philippine Economic Zone Authority (PEZA) to convert government-owned properties into economic zones, potentially putting underutilized state assets to work while broadening the locations available for new investments.

BOC revenue pace strengthens P1T push

The Bureau of Customs (BOC) enters the final quarter of 2026 with a growing revenue cushion, keeping its first P1-trillion annual collection target within reach despite the need for sustained collections through year-end.
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