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DOTr won’t meddle in Makati Subway; says rail project LGU-private venture

The Department of Transportation is keeping its hands off on the impending modifications to the P125-billion Makati Subway project following the decision of the Supreme Court to transfer the 10 EMBO barangays to the jurisdiction of Taguig City.

Meralco rates likely up in September

The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in September. Initial indications point to a higher generation charge during the period.

Lazada investing more in PH to boost sellers’ market share

The international e-commerce company Lazada Group on Wednesday said it is investing more in its Philippine operations to meet the rising demand from Filipino online shoppers.

Filipinos transition from revenge travelers to serial trekkers

Seven out of 10 Filipinos plan to travel abroad at least once in the next 12 months, according to GrabAds, the advertising arm of Southeast Asian (SEA) superapp Grab. 

Salceda seeks to invigorate stock market with transaction cost cuts

The Philippines suffers from a stagnant equities market often ignored by wealth-chasing foreign investors mostly on account of cost considerations rather than on the quality of company stocks traded at the Philippine Stock Exchange (PSE).

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Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.

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