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    Meralco power rates up in November on weaker peso

    Manila Electric Co., the country’s largest power disturber better known as Meralco, on Tuesday said power rates in November will be higher as generation charge increased due primarily to a depreciation of the peso against the U.S. dollar.

    BSP orders GCash to resolve unauthorized deductions

    The Bangko Sentral ng Pilipinas (BSP) has intervened in the ongoing issue of unauthorized deductions from GCash accounts, directing G-Xchange, Inc. (GXI) to swiftly address the problem and expedite refunds for affected users.

    Foreign fund managers prefer equity over other forms of investment – data

    Foreign direct investment (FDI) in the Philippines showed a decline of 14.5 percent year-on-year in August 2024, totaling USD813 million in net inflows, compared to US$951 million in August 2023, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

    Strong loan growth and liquidity trends in September

    Preliminary data from the Bangko Sentral ng Pilipinas (BSP) highlighted continued growth in lending and domestic liquidity in September, reflecting robust economic activity and financial stability.

    Foreign currency reserves remain strong at US$112.43B in October

    The country's gross international reserves (GIR) stood at USD112.43 billion as of end-October 2024, slightly lower than the USD112.71 billion recorded at the end of September 2024, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).

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    Korean stars named Philippine Tourism Ambassadors

    South Korean actors Kim Myung Soo and Choi Bo Min have been appointed as the Philippines’ newest Tourism Ambassadors by the Tourism Promotions Board (TPB), strengthening efforts to attract more Korean visitors to the country ahead of 2026.

    Largest microgrid project set to power Cagbalete Island

    Meralco executives, together with Energy Secretary Sharon S. Garin, Energy Regulatory Commission chairman Francis Saturnino C. Juan, Quezon Province Governor Dr. Angelina D.L. Tan, and Mauban Mayor Erwin Dwight C. Pastrana led the ceremonial lighting on December 18, 2025. 

    US consultants zero in on APECO

    A Washington, D.C.–based consulting firm is setting its sights on the Philippines’ eastern seaboard, with potential seaport development in Aurora now on its radar.

    PAL’s A350-1000 touches down first

    Philippine Airlines just upgraded its long-haul swagger with a widebody statement piece carrying a list price of USD366.5 million.

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