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 Transportation (DOTr) has reached two major milestones in the North–South Commuter Railway Extension (NSCR-Ex), signaling faster progress for one of the country’s biggest transport projects.
Treasury bill yields continued to ease at Monday’s auction as investors positioned for a possible shift toward monetary easing by the Bangko Sentral ng Pilipinas (BSP) amid weakening economic momentum.
Leading off-grid energy provider DMCI Power Corporation (DPC) posted record energy sales of 522.2 gigawatt-hours (GWh) in 2025, a 6 percent increase from 491.2 GWh in 2024, underscoring sustained demand growth in missionary and island grids across the Philippines.
Bank of the Philippine Islands (BPI) posted a solid full-year performance in 2025, booking net income of P66.62 billion, up 7.4 percent year on year, as strong revenue growth offset higher provisions and operating expenses.