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Bike lanes across cities seen 5 times longer in 5 years – Bautista

The Department of Transportation (DOTr) on Monday projects completing the construction of bike lanes in select parts of the Elliptical Road and Commonwealth Avenue in Quezon City by the first quarter of 2024.

GCash users unable to use the popular app; issues assurance funds are safe

GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday. 

Attack on Israel could boost gold appeal, safe haven assets

Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt a move into safe haven...

BTr raises $1.26 billion via U.S. dollar-denominated retail bonds sale

The Bureau of Treasury has raised $1.26 billion from the sale of onshore U.S. dollar-denominated retail bonds, the Department of Finance said, slightly above its target.

BSP has ‘done enough’ policy tightening – Diokno

Philippine Finance Secretary Benjamin Diokno believes the central bank has "done enough" policy tightening to tame inflation, but reiterated future interest rate moves would...

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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