The average price of electricity at the Wholesale Electricity Spot Market (WESM) soared by 49.4 percent in October, reaching ₱4.54 per kilowatt-hour (kWh) from ₱3.04/kWh in September, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Public Works Secretary Vince Dizon has lodged two additional complaints before the Philippine Competition Commission (PCC) for a preliminary inquiry into alleged bid rigging and project manipulation involving two contractors and three project contracts in Davao Occidental and La Union.
The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide.
Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) posted an 8.4 percent rise in net income to P8.9 billion for the first nine months of 2025, from P8.2 billion a year earlier, as strong enterprise demand and steady residential growth lifted revenues.
The Economic Journalists Association of the Philippines (EJAP) and San Miguel Corp. have renewed their decades-long partnership, continuing a legacy of keeping business reporters at the forefront of industry knowledge.
Manila Water reported strong financial and operating results for the first quarter, driven by higher water tariffs, efficient operations, and disciplined cost management.
Alfamart Trading Philippines, Inc., the SM Group’s minimart chain, is strengthening its nationwide retail operations through its long-running partnership with PLDT Enterprise and Smart Communications.
LG Electronics showcased its latest AI-powered home innovations at the LG InnoFest 2026 APAC event in Busan, Korea, highlighting smart and practical technologies designed for Asian households, including Filipino families.