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.
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.
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.
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.
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.
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.
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.
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.