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DOE mulls longer power firm maintenance periods than are possible at present

The Department of Energy (DOE) plans extending power plants longer maintenance shutdowns than are allowed at present to help generation companies perform better and avoid more frequent outages in the future.

GSIS launches new digital tool to enhance government property management

The Government Service Insurance System (GSIS) has launched a new digital tool called Property Inventory Application (PIA) aimed at enhancing the management of government properties. PIA is part of the GSIS's commitment to strengthen the protection and stability of government infrastructure.

BSP held key interest rates steady, says cut may happen as early as August

The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.

Goldilocks is set to roll out 30 franchise-owned stores in 2024

Goldilocks Bakeshop, Inc., one of the most enduring and beloved Filipino brands in the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores in 2024.

Cebu Pacific bares direct flights to Thailand’s DMK international airport

Cebu Pacific announced on Thursday a significant expansion of its Thailand service with the launch of direct flights to Don Mueang International Airport (DMK) starting July 16, 2024.

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Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

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