The Philippine Ports Authority (PPA) assured the public on Thursday that ports across the country are resilient and ready to withstand the challenges of the rainy season, emphasizing their role in sustaining economic activity and ensuring passenger safety.
Nestor V. Tan, president and chief executive officer of BDO Unibank Inc.,has received P35 million worth of shares as property dividends issued by the banking arm of the SM Group.
Italpinas Development Corp. said its board has authorized its subsidiary, IDC Homes Inc., to enter into two joint property development projects in Palawan and Misamis Oriental.
Grab Philippines has launched the country’s first fully electric, on-demand taxi fleet, signaling a major milestone in the nation’s transition toward sustainable urban mobility.
Electricity rates for June 2025 remain uncertain, according to the Manila Electric Co. (Meralco), citing mixed trends in key cost drivers such as transmission charges and generation costs.
President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.
Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.
The National Electrification Administration (NEA) announced plans to invest at least P600 million to rehabilitate the facilities of Basilan Electric Cooperative (Baselco), aiming to modernize its outdated infrastructure and improve service reliability.