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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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DOT, HSMA offer hotel discounts of up to 70% for holidays

A hotel getaway may be easier on the holiday budget this year, with the Department of Tourism (DOT) and the Hotel Sales and Marketing Association (HSMA) Philippines offering accommodation discounts of up to 70 percent across 68 hotels and resorts nationwide.

InLife earns sixth 4-Golden Arrow governance award

Insular Life Assurance Co. Ltd. (InLife) has won its sixth 4-Golden Arrow Award, the highest recognition given by the Institute of Corporate Directors (ICD) for corporate governance performance, extending its record of recognition under the ASEAN Corporate Governance Scorecard.

PSBank secures top PhilRatings credit rating

Philippine Savings Bank (PSBank) has received the highest issuer credit rating from Philippine Rating Services Corp. (PhilRatings), reflecting its strong capitalization, sound asset quality, leading position in the thrift banking sector and backing from the Metrobank Group.

PEZA ecozone proclamations to miss 2026 goal despite record investments 

The Philippine Economic Zone Authority (PEZA) expects to miss its 2026 target for new economic zone proclamations, even as investment approvals surge past its annual goal and threaten to eclipse the agency’s 2012 record.

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