Maynilad gets green light for 2026 rate hike
Effective January 1, Maynilad will implement a 2.85 percent Rate Adjustment Limit (RAL) on its existing basic charge, following the recommendation of the MWSS Regulatory Office and the approval of the MWSS Board of Trustees.
AI seen adding up to 12% to PH GDP by 2030
PLDT Inc. said artificial intelligence (AI) is vital to speeding up economic growth and improving lives across the Philippines.
SMAC rewards families for every remittance
SMAC, the country’s leading loyalty program, and BDO Remit, BDO Unibank’s trusted remittance service, have formed a new partnership to give more value to overseas Filipino workers (OFWs) and their families. The agreement was formalized in November at the BDO Corporate Center in Ortigas, Pasig.
Ayala Land sells stake in Alabang Town Center to Madrigal family
Ayala Land Inc. has sold its 50 percent stake in Alabang Town Center to its joint venture partner, the Madrigal family, for ₱13.5 billion.
New facility to cut risks for geothermal projects
The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.
