Friday, 19 September 2025, 12:02 pm

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    DITO backs Konektadong Pinoy Law, cites business and security opportunities

    DITO Telecommunity Corp. announced Thursday it will not oppose the newly enacted Konektadong Pinoy Act, choosing instead to participate actively in shaping its implementing rules and regulations (IRR), particularly on cybersecurity and service standards.

    BSP begins easing cycle with a rate cut to support growth

    The Bangko Sentral ng Pilipinas (BSP) has lowered its benchmark interest rate by 25 basis points to 5 percent, marking the central bank’s first rate cut of the year and signaling a shift toward a more accommodative monetary policy stance.

    SMC Tollways reports steady profit, accelerates TR4 construction

    SMC Tollways Corp., a unit of San Miguel Corporation, reported a 3 percent increase in net income to ₱4.9 billion for the first half of 2025, up from ₱4.8 billion year-on-year.

    NFA to auction 60,000 MT of aging rice amid import ban

    The National Food Authority (NFA) on Thursday announced plans to auction up to 60,000 metric tons of aging rice stocks starting next month through October to prevent spoilage, free up storage space, and stabilize supply during a two-month rice import suspension.

    Toyota remits ₱24B in duties, leads Batangas Port collections

    Toyota Motor Philippines Corp. (TMP), a unit of GT Capital Holdings Inc., has been recognized as the top customs revenue contributor to the Bureau of Customs-Port of Batangas for the first half of 2025.

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    DOTr to begin distribution of discounted Beep Cards at all Metro Manila rail stations

    DOTr to begin distribution of discounted Beep Cards at all Metro Manila rail stations Transport/Comms The Department of Transportation (DOTr) announced on Friday that starting Saturday, personnel will be deployed across all 51 rail stations in Metro Manila to begin the distribution of discounted Beep cards for students, senior citizens, and persons with disabilities (PWDs). DOTr acting Secretary Giovanni Lopez confirmed the rollout in a live televised address, saying that the initiative covers all stations on MRT-3 (13 stations), LRT-1 (25 stations), and LRT-2 (13 stations). “We will be in all 51 rail stations tomorrow, Saturday, to begin the distribution of Beep cards for eligible commuters,” Lopez said. The discounted Beep cards offer a 50 percent fare discount for students and qualified users commuting along the three major urban rail lines. Lopez emphasized that the agency opted to launch the distribution over the weekend to ensure that students have access to the cards before classes resume on Monday. Originally slated for earlier release, the cards were delayed due to late delivery of printing equipment required to issue them. However, Lopez noted that with the printers now ready for deployment, the application process has also been streamlined, with fewer documentary requirements needed to obtain a card. In parallel with this initiative, the DOTr has also begun distributing 300,000 additional standard Beep cards to address an ongoing shortage of the RFID-enabled stored-value cards used widely across the Metro Manila rail network. The Beep card system is widely used to ease commuter access across various modes of public transport, providing a cashless, efficient means of travel.

    NVIDIA to invest USD5B in Intel 

    NVIDIA Corp. is investing USD5 billion in Intel Corp. as part of a landmark collaboration to co-develop custom data center and personal computer products aimed at accelerating artificial intelligence (AI) and high-performance computing applications across enterprise, hyperscale, and consumer markets.

    Alas hopes in FIVB championship ends in epic battle with Iran

    Six match points. Six moments to dream. But in the end, only silence. Alas Pilipinas stood on the brink of something historic—a ticket to the Round of 16 in the 2025 FIVB Men’s World Championship—armed with six chances to seal the deal, in front of a roaring, breathless crowd at the Mall of Asia Arena.

    Ayala expands P20B buyback to shares of units

    Ayala Corp., the listed investment holding firm of the...
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