The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday approved a P1 provisional fare hike for modern and traditional public utility jeepneys (PUJs) nationwide starting October 8 this year.
Yields on Philippine treasury bills (T-bills) were higher at the auction Monday as the market worries over further acceleration in inflation could force the Bangko Sentral ng Pilipinas to resume its aggressive tightening of monetary policy.
Cebu Air Inc. on Thursday bared plans to order narrow body aircraft from US aircraft manufacturer Boeing as part of its risk management options and to "diversify risk" in the wake of issues arising from Pratt and Whitney (P&W) engines.
The government, through sovereign wealth fund Maharlika Investment Corp., is looking to acquire at least one board seat in the National Grid Corp. of the Philippines, operator of the country’s national electricity transmission highway, House Speaker Ferdinand Martin Romualdez said.
Fintech leader Maya announced it will disable access to gaming sites and apps via its Games feature starting August 16 at 8:00 PM, in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP). The move reflects Maya’s firm commitment to corporate responsibility and regulatory alignment.
Leading digital bank Maya has partnered with the Philippine Sports Commission (PSC) in a strategic initiative to modernize the country’s sports ecosystem through digital innovation and financial empowerment.
Cebu Pacific (PSE: CEB) reported a modest increase in passenger traffic for July 2025, traditionally a low-demand period for the airline sector, highlighting the Gokongwei-led carrier’s resilience amid shifting travel patterns and seasonal headwinds.
Cash remittances from overseas Filipinos rose by 3.7 percent year-on-year to US$2.99 billion in June 2025, up from US$2.88 billion in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).