Move It seeks suspension of motorcycle taxi TWG over rider cuts
Motorcycle taxi platform Move It has escalated its legal challenge against the Motorcycle Taxi Technical Working Group (MCT-TWG), now calling for the group's outright suspension. This marks a shift from its earlier plea to merely halt the implementation of the TWG's order reducing its rider allocation.
Green light for ₱32B Luzon grid upgrade
The Energy Regulatory Commission (ERC) has approved two major transmission projects of the National Grid Corporation of the Philippines (NGCP), collectively worth ₱32.02 billion, a move poised to significantly boost the country's power infrastructure and corporate energy capacity.
BSP champions practical financial education for rural Filipinos
The Bangko Sentral ng Pilipinas (BSP) has partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to broaden financial education efforts for low-income communities.
AbaCore rides real estate gains to 1Q profit surge
AbaCore Capital Holdings Inc. reported a robust financial rebound in the first quarter of 2025, posting a net income of ₱107.3 million, a dramatic turnaround from a ₱15.3 million loss in the same period last year.
STI earnings jump 45% on tuition hikes, enrollment boom
STI Education Systems Holdings Inc., the country’s largest private school network operator, reported a 45 percent jump in net income to ₱1.6 billion for the first nine months of its fiscal year ending March 2025, driven by strong enrollment growth and higher tuition fees.
