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Ride hailing firm, now LTFRB-compliant, bares superior transaction charges than rivals

Global ride-hailing service provider inDrive on Friday announced a sharply divergent and superior commission charge than the 23 percent levied by its rivals against their driver partners in Metro Manila and its environs at the moment.

BSP steadies hands on key policy levers six meetings in a row

The Bangko Sentral ng Pilipinas (BSP), noting that inflation already approximates the midpoint of the target 2 to 4 percent range, kept its benchmark interest rate at 6.5 percent. 

MPIC subsidiary proposes linking China-funded bridge project in a P40-B expressway plan

The Cavitex Infrastructure Corp. (CIC), a subsidiary of the Metro Pacific Investments Corp., is planning to build a P40 billion expressway connecting the Cavite Laguna Expressway (Calax) to the proposed Bataan-Cavite Interlink Bridge (BCIB) project.

DA forecasts nearly twice as much rice hoard by year end than last

The Department of Agriculture (DA) on Monday projected the national rice inventory to round the year nearly twice the level achieved in 2023 to 3.64 million metric tons (MT), the debilitating impact of the El Niño notwithstanding.

SMC resurrects previously abandoned, now more environmentally-sensitive PAREX project

The Toll Regulatory Board (TRB) on Sunday said the San Miguel Corp. (SMC) proposal to build an expressway over the Pasig River, reported earlier to have been abandoned, is pushing through after all..

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Keen & Worth eyes 2027 turnover for Ongpin Tower

Keen & Worth Property Developers Inc. is gearing up for the 2027 completion of its flagship project, Ongpin Tower, as it seeks to establish itself as a new player in the country’s high-end residential market.

Fisher Mall expands beyond retail with government services

Fisher Mall is strengthening its position as a one-stop destination by expanding access to government services, retail essentials, wellness offerings, and entertainment facilities under one roof.

Aboitiz Foods eyes acquisitions, tech to strengthen Asia food supply 

Amid mounting food security risks, supply chain bottlenecks, and sustainability pressures across Asia, Aboitiz Foods is accelerating expansion through acquisitions, digital innovation, and strategic partnerships to capture growth opportunities in the region's agriculture sector.

House expels Barzaga over disorderly conduct

The House of Representatives on Tuesday voted to expel Cavite Rep. Francisco “Kiko” Barzaga for what lawmakers described as disruptive and disorderly behavior, making him only the second legislator in the past three years—and just the second in modern congressional history—to be removed from the chamber’s roster. A total of 265 lawmakers, well above the required two-thirds vote, backed the recommendation of the House ethics committee, which found Barzaga guilty of acts deemed unbecoming of a member of Congress. The first recent expulsion involved former Negros Oriental Rep. Arnulfo Teves Jr., who was removed in 2023 after repeatedly refusing to attend House sessions.

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