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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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More businesses join open energy market as threshold drops; AdventEnergy onboards new clients

AdventEnergy, the retail electricity supply arm of Aboitiz Power Corporation, has welcomed a fresh wave of mid-sized businesses into the Retail Competition and Open Access program, following the Energy Regulatory Commission’s move to lower the eligibility threshold to 100 kilowatts last June 26, 2026.

Honda Philippines launches all-new 2027 Click160

Honda Philippines, Inc. has officially unveiled the 2027 Click160, its upgraded 160cc scooter built for better performance, fuel savings, and everyday practicality.

MOA Complex welcomes over 425,000 runners across nearly 40 events in nine months

The SM Mall of Asia complex in Pasay City has cemented its reputation as one of the country’s premier running destinations, hosting 39 marathons and fun runs that drew more than 425,000 participants over the past nine months alone.

Food security is not a rice-growing contest

Filipinos have long treated food security and food self-sufficiency as though they were the same, as if a country that grows all the food it eats automatically has a well-fed population.

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