The Manila Electric Company (Meralco) said its crews are working around the clock to restore power in areas hit by Super Typhoon Uwan (international name: Fung-Wong).
San Miguel Corp. (SMC) has suspended toll fees for marked government vehicles engaged in relief and recovery operations in areas hit by Typhoon Uwan. The move supports President Ferdinand R. Marcos Jr.’s directive to ensure unhindered movement of responders across Luzon.
Net foreign direct investments (FDI) into the Philippines stayed positive in August 2025, although inflows declined by 40.5 percent to US$494 million from US$830 million a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.