China Banking Corp. (Chinabank) is preparing to sell a prime 14-hectare property in Taguig City recently acquired from Chelsea Logistics and Infrastructure Holdings Corp., a firm led by Davao-based businessman Dennis Uy.
Inflation data, due to come out on Monday, is projected to ease further in April 2025, with the Bangko Sentral ng Pilipinas (BSP) forecasting a possible low of 1.3 percent, marking a continuation of the disinflation trend and strengthening the case for monetary easing later this year.
The Department of Transportation (DOTr) has suspended the operations of Pangasinan Solid North Transit, Inc. (PSNTI) for 30 days following a fatal crash involving one of its buses on the Subic-Clark-Tarlac Expressway on the first of May this year.
The motorcycle taxi industry breathed a sigh of relief after Transport Secretary Vince Dizon announced a temporary suspension of a regulatory order that threatened the livelihoods of thousands of drivers under Move It.