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LTFRB allows provisional increase in transport fare beginning Sunday

The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday approved a P1 provisional fare hike for modern and traditional public utility jeepneys (PUJs) nationwide starting October 8 this year. 

Government debt widens by P931B to P14.35T at end-Aug

The government on Tuesday reported total outstanding debt rising P930.72 billion in August to P14.35 trillion from its level at the end of 2022...

Telco seeks Supreme Court validation on incorrect fees, penalties

NOW Telecom Inc. of businessman Mel Velarde has asked the Supreme Court to direct the National Telecommunications Commission (NTC) to re-compute the ostensibly "erroneous" regulatory fees and penalties imposed on the company. 

Q4 outbound travel seen accelerating

AirAsia Philippines on Tuesday bared seeing international tourism make a strong push in the final three months of 2023 with increased forward bookings until December when Filipinos are expected to spend their holidays abroad.

DA lists factors favoring lifting of rice price cap

An interagency committee has laid the predicate—declining prices and increasing supply--for President Ferdinand Marcos Jr. to lift the price cap on rice he implemented last month to curb inflation and buy time to go after grain smuggler and hoarders.

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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