Tuesday, 24 February 2026, 7:27 am

    Tag: Editors' Picks

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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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    BIR rolls out friendly nationwide tax audits

    In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.

    Filinvest Land posts flat 2025 profit amid revenue growth

    Filinvest Land Inc. (FLI) reported an attributable income of ₱4.17 billion in 2025, nearly unchanged from ₱4.16 billion in 2024, citing higher interest rates, more selective homebuyers, and structural shifts in the office sector.

    Duterte confirmation of charges hearing starts at ICC

    The International Criminal Court in The Hague on Monday opened confirmation of charges proceedings against former Philippine President Rodrigo Duterte, a crucial step that will determine whether there is sufficient evidence to send the case to full trial. Prosecutors, defense lawyers, and legal representatives of the victims are set to present their evidence and arguments before ICC judges, who have up to 60 days to decide if the case will move forward. The 80-year-old Duterte was arrested in March last year and has remained in detention while awaiting the court’s ruling on whether he will stand trial. Outside the ICC chamber, protesters from the families of the victims and those who support Duterte gathered to voice the opinions.

    Caloocan’s People’s Park gets P50-million makeover

    Caloocan City’s People’s Park has reopened following a P50-million redevelopment funded by the Melco Resorts (Philippines) Foundation Corporation (MRP Foundation). The renovation was inaugurated in February by mayor Dale Gonzalo “Along” Malapitan and MRP Foundation chairman Clarence Chung, coinciding with the city’s 64th cityhood anniversary celebration.

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