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Move It uses technology to finger one of its own

The motorcycle taxi company Move It over the weekend committed to help the Land Transportation Franchising and Regulatory Board (LTFRB) and the Philippine National...

MPTC acquiring 35% of Jakarta toll operator

Metro Pacific Tollways Corp. is acquiring a 35-percent stake in a state-owned toll road operator in Jakarta in transactions seen completed this week. 

Rebate system allows Aboitiz Power units to push community-boosting programs

SN Aboitiz Power (SNAP) subsidiaries SN Aboitiz Power-Benguet and SN Aboitiz Power-Magat have agreed to set aside a fraction of their sales in the region for community projects pursued by the Regional Development Council-Cordillera Administrative Region (RDC-CAR).

Pinoys worry over proliferation of smuggled cigarettes

Majority of Filipinos are aware of the rampant smuggling and illegal sale of cigarette products in the country, with a significant number expressing concerns about the associated health risks, a Pulse Asia survey showed.

NG deposits, bond proceeds help push May BOP into surplus

The country’s balance of payments (BOP) stood as a surplus of USD 2 billion in May, a reversal from the USD 439 million deficit recorded a year earlier. 

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A.P. Moller Capital fuels AC Logistics nationwide expansion

Ayala-led AC Logistics is stepping up its bid to build the country's leading integrated logistics platform after A.P. Moller Capital completed its acquisition of a 40 percent stake in the company, bringing fresh capital and global supply chain expertise to support its next growth phase.

US DFC eyes bigger Philippine investments across strategic growth sectors 

The US International Development Finance Corporation (DFC) said the Philippines is well positioned to tap its USD205 billion global investment capacity as the agency ramps up efforts to finance commercially viable private-sector projects supporting the country's infrastructure and industrial ambitions.

BPI: Rate hikes loom as underlying inflation risks threaten PH recovery

While slowing oil and food prices recently cooled headline inflation in the Philippines, persistent domestic threats and rising core inflation are keeping policymakers on high alert, signaling that further interest rate hikes may be necessary to protect long-term economic growth, according to data analysis by the Bank of the Philippine Islands.

Xendit integrates Dragonpay for regional expansion

Southeast Asian payments infrastructure provider Xendit has formally integrated Dragonpay Corporation, the Philippines’ pioneer in alternative payment solutions, building on a strategic partnership first established in 2021. The move combines Dragonpay’s well-established local payment network with Xendit’s regional platform, wider geographic reach, and ongoing technology upgrades.

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