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MPIC may sell stake in LRT-1 due to ongoing losses

Metro Pacific Investments Corp. (MPIC) is considering selling its stake in Light Rail Manila Corp. (LRMC), operator of the LRT Line 1, as the business continues to lose money.

GSIS mobile app surpasses 2M users

The Government Service Insurance System (GSIS) announced that its mobile app, GSIS Touch, has reached over two million registered users, covering a large portion of its 2.7 million members and pensioners.

Dr. George Yang opens 52nd Bahay Bulilit Learning Center in Biñan, Laguna

McDonald’s Philippines Founder and Chairman Dr. George T. Yang has opened the 52nd Bahay Bulilit Learning Center in Barangay Poblacion, Biñan, Laguna, through Ronald McDonald House Charities (RMHC) Philippines.

ESA and partners achieve successful 5G satellite connectivity trial

The European Space Agency (ESA), together with MediaTek, Eutelsat, Airbus Defence and Space, Sharp, Taiwan’s Industrial Technology Research Institute (ITRI), and Rohde & Schwarz, has completed the world’s first successful test of 5G-advanced non-terrestrial network (NTN) technology over low Earth orbit (LEO) satellites.

US Congress nears deal to end longest government shutdown

The longest US government shutdown in history could end within days after the Senate on Monday (early Tuesday in Manila) approved a major funding bill in a 60–40 vote, sending the measure to the House of Representatives for a final vote as soon as Wednesday.

Just in

ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
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