The proposal of Metro Pacific Investments Corp. (MPIC) to take over the operations and maintenance of Metro Rail Transit (MRT) Line 3 may be at peril after the Department of Transportation (DOTr) disclosed that San Miguel Corp. has secured an original proponent status (IOPS) for the rail line.
Tycoon Lucio Tan has been appointed chairman emeritus of Philippine National Bank (PNB), while his wife, Carmen K. Tan, joins the lender's advisory board.
The country's big commercial and universal banks extended loans just shy of P11 trillion in July this year, marginally lower than the previous June when these same loans aggregated P10.985 trillion, according to the Bangko Sentral ng Pilipinas (BSP).
Eastern Communications, who pioneered the data center business in the country, has partnered with Singapore-based Digital Edge to provide connectivity solutions to latter's data center clients.
Economic Planning Secretary Arsenio Balisacan said the government is looking at other options to shield consumers from exorbitantly priced rice as it prepares to...
The Department of Environment and Natural Resources (DENR) has ordered the temporary closure of a sanitary landfill in Cebu following a trash slide that killed several people.
Foreign direct investments into the Philippines picked up pace in October 2025, posting net inflows of USD642 million and lifting year-to-date totals to USD6.2 billion, signaling sustained investor interest despite a mixed global backdrop.
The Department of Agriculture (DA) has approved a plan by the Sugar Regulatory Administration (SRA) to export 100,000 metric tons of raw sugar to the United States, aiming to reduce excess local supply and support falling prices.