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Candaba viaduct, road widening project account for bulk of NLEX capex next year

NLEX Corp. on Monday bared allotting P15 billion as capital expenditure (capex) next year to expand its tollway projects. 

Grab Ph acknowledges compensation formula only slightly raises rider income

The National Union of Food Delivery Riders is urging Grab Philippines to reinstate some of its suspended delivery riders as the ride-hailing app committed to address their concerns.

Aboitiz lender helps fortify LGUs against disaster

City Savings Bank (CitySavings), the thrift subsidiary of Aboitiz-led Union Bank of the Philippines (UnionBank), has linked up with Komunidad and Aboitiz Foundation in a partnership reinforcing disaster risk reduction programs for two local government units (LGUs). 

Union Bank raises P18.17Bfrom two-tranche bond sale

Union Bank of the Philippines said Monday it raised P18.17 billion through the issuance peso-denominated fixed rate bonds, a dual tranche offering that received strong demand from both retail and institutional investors.

Globe blocks record number of malicious sites in Jan-Sep

Globe Telecom Inc. said Monday it blocked a record number of malicious sites in the first nine months of this year, an alarming development in broader fight against illegal internet activities.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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