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Fuel subsidy disbursement begins Wednesday

The Land Transportation Franchising and Regulatory Board (LTFRB) said it will start distributing fuel subsidies to operators of public transports beginning Wednesday,1 3 September to help cushion the impact of high oil prices on the sector.

SEC orders Holcim parent company to conduct 2nd tender offer

Holcim Philippines Inc. said Tuesday that its parent company, Holderfin B.V., has been directed by the Securities and Exchange Commission to hold a second...

DOE crafting smart, green grid plan

The Department of Energy (DOE) is crafting with the National Grid Corporation of the Philippines (NGCP) a smarter and cleaner power plan to ensure the seamless integration of additional renewable energy (RE) capacity into the grid.

Ovialand, BDO partners in making homeownership accessible

Property developer Ovialand has partnered with BDO Unibank Inc. in a transaction that allows morFilipinos to get the financing needed to purchase a home of their own.

House Bill addresses long-standing problems of military, uniformed personnel pension fund

The House of Representatives is set to start Tuesday floor debates on a bill that will rationalize and strengthen the problematic pension fund system for thousands of military and other uniformed personnel, including policemen, firemen, correctional officers, and coast guard personnel.

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Empire East says OFWs continue to drive property market

Overseas Filipino workers continue to provide a crucial source of demand for the Philippine housing market, with homeownership aspirations proving resilient despite economic uncertainties abroad, according to listed developer Empire East Land Holdings Inc. 

Marcos expands Cebu Ecozone, eyes 11,000 jobs

President Ferdinand R. Marcos Jr. has expanded the West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ) by 64.7 hectares, a move expected to strengthen Cebu's position as a major industrial hub and support thousands of new jobs in the Visayas.

GenSan Airport partially reopened for relief flights after quake

Transport Secretary Giovanni Lopez has ordered the Civil Aviation Authority of the Philippines (CAAP) to lift its suspension of operations at General Santos Airport — but only for military, government, and humanitarian flights.

DICT eyes $30B AI investments under 7-year masterplan

The Department of Information and Communications Technology (DICT) aims to draw $30 billion in investments over seven years through its Philippines AI+ Infrastructure Masterplan (PAIIM 2033). Secretary Henry Rhoel Aguda said approval from the Economic Development Committee is targeted by July, with final institutionalization via an Executive Order afterward.

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