The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.
The Department of Energy (DOE) on Sunday committed to address bidder issues citing the lack of time for proponents to submit competent bids as micro-grid service providers under the competitive selection process (MGSP-CSP) program.
DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.
The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023.
The Securities and Exchange Commission has revoked the corporate registration of Infinity8Networks Digital Services OPC plus a fine of P1 million for illegally soliciting investments.
The Department of Agriculture (DA) has turned over a state-of-the-art Rice Processing System II (RPS II) worth P60.6 million to the Isabela Seed Grower’s Multi-Purpose Cooperative under the Rice Competitiveness Enhancement Fund (RCEF) mechanization program on Thursday, November 6.
The Philippine Ports Authority (PPA) has announced a waiver of roll-on/roll-off terminal fee (RRTF) for all vehicles carrying rescue equipment and essential supplies for the government’s disaster relief and recovery operations following Super Typhoon Uwan.
Puregold Price Club, Inc. (PGOLD) saw its profit climb in the first nine months of 2025 as Filipinos kept filling their carts despite tighter household budgets. The grocery retail leader booked a 5.6 percent rise in consolidated net income to P7.3 billion from P6.9 billion a year earlier, lifted by strong sales and slightly better margins.
The electricity bills of Meralco customers are expected to rise again this November due to higher pass-through charges, the company said ahead of its official rate announcement.