The Department of Budget and Management (DBM) released P495 million to settle the right-of-way (ROW) payment for properties affected by the NLEX-SLEX connector road project (NSCRP).
The National Economic and Development Authority (NEDA) said a legislated across-the-board wage hike would be very harmful to the Philippine economy in the longer term.
Manila Water Co., the water concessionaire in the East Zone of Metro Manila, said Tuesday net profit in 2022 surged 61 percent to P5.92 billion as revenues were driven higher by earnings from pipework and integrated used water services, connection fees, and cross border billings.
Maya, the only all-in-one money platform in the Philippines, is cashing in on its newly minted brand ambassador and chief advocacy officer (CAO) to encourage more Filipinos to embrace digital banking.
Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.
Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.
The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.
Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.