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Maynilad reactivates deep wells, adding 19.38 MLD to existing supply

West Zone concessionaire Maynilad Water Services Inc. has completed the reactivation of 20 deep wells that now allows it to supply an additional 19.38 million liters per day (MLD) of potable water to businesses and households.

Bulk of MPIC 9-month income delivered by its power generation arm

Metro Pacific Investments Corp., only recently delisted, reported core income rising 37 percent in nine months to P16.2 billion from only P11.8 billion last year.

Mandatory engine inspections compel Cebu Pacific to consider wet aircraft leases

Cebu Pacific on Tuesday bared considering a wet lease agreement with aircraft charter company Bulgaria Air as the number of grounded aircraft with engine issues around the globe steadily rises. 

3Q foreign investment pledges more than double to P27.30B

The Philippine Statistics Authority said Tuesday total foreign investments pledges approved by investments promotion agencies in the third quarter more than doubled to P27.30 billion from P13.05 billion in the same quarter last year.

Converge offering two-hour internet connectivity at key airports for free

Converge ICT Solutions Inc. on Tuesday installed free public Wi-Fi at the Ninoy Aquino International Airport (NAIA) Terminal 3, the largest at the NAIA terminal, which handles about 13 million passengers annually. 

Just in

Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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