Tuesday, 13 January 2026, 7:07 am

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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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    DENR orders closure of Cebu landfill over environmental, safety risks

    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 capital finds firm Philippine foothold

    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.

    DA greenlights raw sugar export amid falling local prices

    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.

    Fuel prices to rise Tuesday

    Local fuel retailers will raise prices on Tuesday morning, with gasoline and kerosene going up by P0.30 per liter and diesel by P0.20 per liter.

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