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PCC approves BlackRock unit’s P13.7-billion stake purchase in Aboitiz InfraCapital

The Philippine Competition Commission (PCC) has given the green light for the sale of a 40 percent stake in Aboitiz InfraCapital Inc. (AIC) to Global Infrastructure Partners (GIP), an investment firm under BlackRock.

Home Credit steps up role in promoting safe, responsible credit in PH

Home Credit Philippines is strengthening its commitment to consumer protection, responsible lending, and fraud prevention through a larger leadership role in the Credit Card Association of the Philippines (CCAP).

MPIC, SMC tollway merger set  for Q3 2026; valuation, asset scope clarified

The planned merger between Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. (SMC)’s tollway business is moving forward and targeted for completion in the third quarter of 2026, according to MPIC chairman Manuel V. Pangilinan. The deal is currently in the valuation phase, with discussions expected to settle on an ownership split ranging from 45 percent to 55 percent in favor of SMC. Pangilinan confirmed that MPIC’s toll operations in Indonesia will not be included in the valuation.

DA prepares response over possible oil spill from capsized vessel in Ilocos Norte

The Department of Agriculture (DA) has activated its response teams and readied aid for coastal communities following an oil spill from a partially capsized cargo vessel off Badoc, Ilocos Norte. The incident raises worries over possible harm to marine life, fishing activities, and local livelihoods.

Most International Airlines at NAIA Now Linked to BI Pre-Arrival System

Thirty-four international airlines operating at Ninoy Aquino International Airport (NAIA) have successfully connected to the Bureau of Immigration’s (BI) Advance Passenger Information System, according to New NAIA Infrastructure Corporation (NNIC). This setup lets carriers send passenger details to immigration authorities before flights arrive or depart, bringing the country’s main airport closer to faster and more secure border checks.

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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