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Ramon Ang acquires Lopez family stake in Lopez Inc.
Lopez Inc. president Federico “Piki” R. Lopez confirmed reports that Ramon S. Ang has purchased the stake previously held by Crème Investment Corporation, the investment arm led by Eugenio “Gabby” Lopez III.
BSP honors 14 top insttutional partners at 2026 appreciation ceremony
The Bangko Sentral ng Pilipinas (BSP) on Monday recognized 14 outstanding institutional partners from its Head Office during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony. The awardees were honored for their key contributions to financial inclusion, financial literacy promotion, and wider access to retirement savings via the Personal Equity Retirement Account (PERA). They also helped advance digital payments through the QR PH system and the introduction of tap-to-pay turnstiles for MRT‑3 commuters.
DPWH eyes P1.5B Taft drainage overhaul
The Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.
Fuel prices drop over P4 per liter this week
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
StB GigaFactory, BCDA explore clean energy projects
StB GigaFactory Inc. is expanding its clean-energy ambitions in the Philippines, partnering with the Bases Conversion and Development Authority to explore renewable power, battery storage, and electric mobility projects that could support the growth of next-generation industries.
DBM to submit P7.2T 2027 budget
The Department of Budget and Management will submit the proposed P7.2-trillion 2027 National Expenditure Program to the House of Representatives on Tuesday, marking an increase from this year’s P6.793-trillion national budget. Palace spokesperson Atty. Claire Castro said the NEP, which the DBM formally turned over to President Ferdinand Marcos Jr. on Monday, prioritizes education, health, livelihood, security, and stronger communities under the theme “people-centered growth for an inclusive and resilient future.” Castro said the spending plan seeks to improve public services while creating more jobs and economic opportunities for Filipinos. The proposal now moves to Congress for scrutiny and approval.
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Ramon Ang acquires Lopez family stake in Lopez Inc.
Lopez Inc. president Federico “Piki” R. Lopez confirmed reports that Ramon S. Ang has purchased the stake previously held by Crème Investment Corporation, the investment arm led by Eugenio “Gabby” Lopez III.
BSP honors 14 top insttutional partners at 2026 appreciation ceremony
The Bangko Sentral ng Pilipinas (BSP) on Monday recognized 14 outstanding institutional partners from its Head Office during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony. The awardees were honored for their key contributions to financial inclusion, financial literacy promotion, and wider access to retirement savings via the Personal Equity Retirement Account (PERA). They also helped advance digital payments through the QR PH system and the introduction of tap-to-pay turnstiles for MRT‑3 commuters.
DPWH eyes P1.5B Taft drainage overhaul
The Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.
Fuel prices drop over P4 per liter this week
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
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Ramon Ang acquires Lopez family stake in Lopez Inc.
Lopez Inc. president Federico “Piki” R. Lopez confirmed reports that Ramon S. Ang has purchased the stake previously held by Crème Investment Corporation, the investment arm led by Eugenio “Gabby” Lopez III.
BSP honors 14 top insttutional partners at 2026 appreciation ceremony
The Bangko Sentral ng Pilipinas (BSP) on Monday recognized 14 outstanding institutional partners from its Head Office during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony. The awardees were honored for their key contributions to financial inclusion, financial literacy promotion, and wider access to retirement savings via the Personal Equity Retirement Account (PERA). They also helped advance digital payments through the QR PH system and the introduction of tap-to-pay turnstiles for MRT‑3 commuters.
DPWH eyes P1.5B Taft drainage overhaul
The Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.
Fuel prices drop over P4 per liter this week
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
StB GigaFactory, BCDA explore clean energy projects
StB GigaFactory Inc. is expanding its clean-energy ambitions in the Philippines, partnering with the Bases Conversion and Development Authority to explore renewable power, battery storage, and electric mobility projects that could support the growth of next-generation industries.
DBM to submit P7.2T 2027 budget
The Department of Budget and Management will submit the proposed P7.2-trillion 2027 National Expenditure Program to the House of Representatives on Tuesday, marking an increase from this year’s P6.793-trillion national budget. Palace spokesperson Atty. Claire Castro said the NEP, which the DBM formally turned over to President Ferdinand Marcos Jr. on Monday, prioritizes education, health, livelihood, security, and stronger communities under the theme “people-centered growth for an inclusive and resilient future.” Castro said the spending plan seeks to improve public services while creating more jobs and economic opportunities for Filipinos. The proposal now moves to Congress for scrutiny and approval.
Ayala Land raises 2026 capex to P60B
Ayala Land Inc. is raising its 2026 capital spending plan to P60 billion from P50 billion, signaling stronger confidence in its project pipeline even as residential demand remains selective.
Over 38,000 Meralco customers still without power
More than 38,000 customers of the Manila Electric Co. (Meralco) remained without electricity Monday morning, as the enhanced southwest monsoon and Tropical Cyclones Luis and Maymay continued to disrupt services and cause widespread damage.
PCCI urges joint order to ease logistics costs, port congestion
The Philippine Chamber of Commerce and Industry is pressing the government to quickly issue a Joint Administrative Order aimed at curbing soaring logistics costs and easing port congestion, warning that delays could further squeeze businesses and consumers as cargo volumes rise later this year.
House adopts resolution commending Japan-Philippine ties on 70th diplomatic anniversary
The House of Representatives has approved a resolution commending the long-standing bilateral relations between the Philippines and Japan, marking the 70th anniversary of the normalization of their diplomatic ties.