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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

CALAX nears completion, poised to reshape regional trade

MPCALA Holdings Inc. is advancing the final stretch of the 45-kilometer Cavite-Laguna Expressway (CALAX), bringing closer a continuous transport corridor expected to ease road congestion and improve logistics links across two of Southern Luzon’s key industrial provinces.

EU, PH hold second security and defense dialogue in Manila

The European Union and the Philippines convened their second Security and Defence Dialogue in Manila on today. Both sides reaffirmed their commitment to upholding the rules-based international order and deepened discussions on regional security, with strong focus on maritime security, freedom of navigation and respect for the UN Convention on the Law of the Sea (UNCLOS). The dialogue follows the EU’s announcement of its first European Peace Facility assistance in Asia, a €15 million support package for the Philippines, underscoring the bloc’s commitment to regional stability. The meeting was co-chaired by Benedikta von Seherr-Thoss of the European External Action Service and Philippine Department of Foreign Affairs Undersecretary Leo Herrera-Lim. For Filipinos, this partnership means stronger support for maritime rights, improved regional peace and security, and tangible resources to help keep communities safe.

Citi chief presses government to fully digitize services

Citibank Philippines CEO Paul Favila has challenged the government to move beyond piecemeal digitalization, warning that the national ID’s limited acceptance online and persistent paper-based procedures are undermining the country’s digital transformation.

Digital harmony, not just tech key to growth – Globe Business G Summit 2026

Simply adopting cloud, AI and digital tools is no longer enough. True business growth comes from making these technologies work together seamlessly, leaders agreed at Globe Business’s G Summit 2026. Gathering executives nationwide from retail, finance, healthcare and energy, the forum highlighted that disconnected systems slow expansion and weaken customer experience, while well-orchestrated digital foundations drive lasting value.
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