Wednesday, 10 September 2025, 2:53 pm

    Tag: DOTr

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    MPIC rules out resubmitting MRT3 proposal due fare hike delays

    Metro Pacific Investments Corp. (MPIC) has decided against resubmitting its unsolicited bid to rehabilitate, operate, and maintain the MRT3 system, citing the lack of government support for fare increases. MPIC chairman Manuel V. Pangilinan explained the absence of approved tariffs makes it unlikely for the business to move forward with the proposal, saying the current situation is “difficult.”

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    Jobless rate hits 3-year high 5.3% in July amid storms

    The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

    Kaspersky Premium for Windows earns AV-Comparatives ‘Approved’ Certification for 2025

    Kaspersky Premium for Windows has been awarded the 2025 “Approved” certification from leading independent testing lab AV-Comparatives, recognizing its strong anti-phishing performance.

    Megaworld expands retail footprint 

    Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is accelerating the expansion of its retail and commercial portfolio, adding over 30,000 square meters of new space this year through its retail arm, Megaworld Lifestyle Malls. 

    Wall Street end at new highs as indicators suggest Fed rate cut

    U.S. stocks closed at record highs Tuesday as investors looked ahead to key inflation reports that could shape the Federal Reserve's next policy move.

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