Wednesday, 05 November 2025, 11:29 pm

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    SMC original proponent status puts MPIC’s unsolicited bid in doubt

    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. 

    Lucio Tan appointed chairman emeritus of PNB

    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.

    Loans, liquidity levels moderately grew in July

    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).

    Data center pioneer Eastern Communications partners with Singapore firm

    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 managers weigh options on imminent lifting of rice price cap

    Economic Planning Secretary Arsenio Balisacan said the government is looking at other options to shield consumers from exorbitantly priced rice as it prepares to...

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    DOE to auction 170 MW in waste-to-energy projects

    The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.

    DOE proposes body harmonizing energy projects

    The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.

    URC vows continued support for communities affected by Negros molasses spill

    Universal Robina Corp. (URC) has assured continued assistance to communities impacted by the release of molasses-based wastewater from its Bais Distillery following the collapse of a containment lagoon on October 26.

    Lazada eyes record-breaking 11.11 sale

    Lazada Philippines announced that the 11 11, its biggest sale of the year, will run from November 10 beginning at 8 PM until November 13, positioning the event to surpass the performance of the previous 9.9 sale. In Taguig City, Lazada Philippines chief executive officer Carlos Barrera and head of seller operations Alvin Ching emphasized the company’s growing role in powering the nation’s digital economy and strengthening its reputation as the leading destination for authentic brands and quality products.

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