Monday, 09 June 2025, 3:36 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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    Alas Pilipinas relied on defense to stop Indonesia

    It was a full-on block party for Alas Pilipinas on a Sunday afternoon in Hanoi, as the Philippine national team powered past Indonesia in four electrifying sets on Day 2 of the 2025 AVC Women’s Volleyball Nations Cup at the Dong Anh Gymnasium in Vietnam.

    More affordable rice on the horizon, says DA

    The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.

    Smuggled vehicles declared as car parts seized

    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

    False resort claims land Calata executives ₱4M fine each

    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).

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