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    ECOP chief seeks balanced, inclusive representation on P150 wage hike

    The umbrella organization of Philippine employers called for a more balanced and inclusive representation of all the sectors to be affected by the...

    Foreign currency reserves marginally lower in April at $101-B

    The Bangko Sentral ng Pilipinas (BSP) reported the preliminary gross international reserves (GIR) reaching $101.51 billion in April this year, marginally lower than March...

    Former Mastercard CEO and global equity investor heads World Bank

    The World Bank recently selected a new president to a five-year term beginning 2 June this year. Ajay Banga, former president and CEO at Mastercard...

    Inflation decelerates in April to 6.6% on lower food, electricity prices

    Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

    BOC achieves highest daily collection of P7.510-B

    The Bureau of Customs (BOC) achieved a significant milestone on 28 April this year with a record-breaking daily collection of P7.510 billion.  This impressive feat...

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    MPTC faces gigantic debt load, eyes private placements to stay on track

    Metro Pacific Tollways Corp. (MPTC), operator of major expressways in the Philippines, Indonesia and Vietnam, is confronting what its leadership calls a “gigantic debt burden” as it looks to raise fresh funds to pay down what could reach up to ₱200 billion in obligations.

    LRT-1 operator hopes to convince MVP not to sell stake amid financial strain

    The Light Rail Manila Corp. (LRMC), the private operator of LRT-1, says it will try to dissuade its chairman, Manuel V. Pangilinan (MVP), from selling the company’s stake after the government rejected its request for a fare increase.

    Fil-Swiss JV wins incentives for Quezon, Bohol wind projects

    Filipino-Swiss developer Triconti Windkraft Group has secured spots in the Department of Energy’s fourth Green Energy Auction (GEA4) for two new wind projects in Atimonan, Quezon and Anda, Bohol.

    DOE backs major renewable energy plans in Agusan del Norte

    The Department of Energy (DOE) is supporting several key energy initiatives in Agusan del Norte as the province seeks greater energy self-sufficiency. Already achieving 100 percent household electrification, the province plans to install solar rooftop systems on government buildings, hospitals, and key facilities.

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