Top News
PH renews MRT-3 deal with Sumitomo ahead of system privatization push
The Department of Transportation (DOTr) will extend its maintenance contract with Japan’s Sumitomo Corp. for the MRT-3, signaling continuity in operations ahead of the planned privatization of the system's operations and maintenance (O&M).
Remittances climb in April, signaling sustained liquidity boost
Personal remittances from overseas Filipinos (OFs) rose by 4.1 percent year-on-year to US$2.97 billion in April 2025, from US$2.86 billion in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).
Manila terminal debuts zero-emission e-trucks
The Manila International Container Terminal (MICT), the flagship port of International Container Terminal Services, Inc. (ICTSI), has launched the first fully electric terminal tractors in the Philippines, marking a key milestone in sustainable port operations.
Century Pacific, Vita Coco renew P14B, 5-year coconut water deal
Century Pacific Food, Inc. (PSE: CNPF), a top Philippine food company, has renewed its five-year contract with global coconut water leader The Vita Coco Company Inc., worth P14-billion.
BSP rate cut seen in response to slowing GDP
The monetary authorities are projected to execute a follow-up interest rate cut when the policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) meets on Thursday this week.
