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.
Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.
The Laguna Lake Development Authority (LLDA) has expressed support for Prime Infra’s 1,400-megawatt Pakil Pumped Storage Hydroelectric Power Project in Laguna, as the developer advances a facility designed to strengthen grid reliability and support renewable energy integration.
Major property developers are poised to expand Metro Manila’s Philippine Economic Zone Authority (PEZA)-accredited office supply, with about 280,000 square meters of potential additions projected for 2026–2027, according to property consultancy Colliers.
Philippine local governments are failing to translate a substantial share of their capital budgets into infrastructure, limiting the transport links and business activity needed to generate jobs and spread economic growth beyond major urban centers, according to a new World Bank report.