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MRT 3 signals fare rate hike in 2024

Transport & Logistics Context.ph Context.ph -
By the looks of it, the proposed fare rate hike of Metro Rail Transit Line 3 (MRT-3) will proceed as anticipated by next year, the Department of Transportation (DOTr) said. 

QC court orders Megaworld to post bond

Corporate Context.ph Context.ph -
The Quezon City Regional Trial Court has ordered property developer Megaworld Corp. to set aside P873.32 million as counter bond to cover potential obligation claimed by construction firm Datem Inc.

Figaro reaches 200th store on its 30th year

Corporate Context.ph Context.ph -
Figaro Coffee Group Inc. has opened its 200th store just as the lifestyle dining company observed its 30th anniversary.

MPT South budgets P2 billion to complete tollway projects

Transport & Logistics Context.ph Context.ph -
MPT South has set aside P11.95 billion in capital expenditures (capex) over the next two years to help complete ongoing expressway projects in the south of Manila. 

Warner Bros. in pioneering domestic film distribution pact

Transport & Logistics Context.ph Context.ph -
Warner Bros. has entered into an exclusive partnership with a local film company as part of its goal to reinvigorate the Philippine movie industry. 
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DTI mandates certification for nicotine pouches

Education, Health & Science 0
The Department of Trade and Industry (DTI) has placed nicotine pouches under mandatory product certification, giving manufacturers and other industry players 12 months to meet new standards before uncertified products can no longer be sold in the Philippine market.

SMC unit redeploys capital via Meralco stake sale, shifts focus to renewables

Energy & Mining 0
San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.

SEC halts 3 firms’ illegal investment solicitation

Corporate 0
The Securities and Exchange Commission ordered three entities to immediately stop soliciting public investments without required registration and licenses.

BDO Life approves claim same day, delivers swift relief to Benedicto family

Banking & Insurance 0
Most families expect complicated paperwork, long waits and added stress when filing an insurance claim. For the Benedicto family, the experience proved surprisingly fast and straightforward, turning a difficult moment into one of reassurance.
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