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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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Philippines pitches flagship mines to capture minerals investments

The Philippines is stepping up efforts to attract global mining investors by showcasing its flagship copper and gold projects, positioning the country to capitalize on soaring demand for critical minerals driven by the energy transition and the realignment of global supply chains.

McDonald’s, Megawide expand partnership for early learning programs

As the new school year approaches, McDonald's Philippines, Ronald McDonald House Charities (RMHC) Philippines and Megawide Foundation have renewed their commitment to early childhood education with the reopening of the refurbished Ronald McDonald Bahay Bulilit Learning Center in Barangay Mambog IV, Bacoor City.

Mixed fuel price adjustments expected this week – DOE

The Department of Energy (DOE) announced Monday the various fuel companies may implement varying price adjustments for the week starting June 29, 2026.

RENTAPASADA lowers entry barriers to ride-hailing drivers

As ride-hailing demand continues to expand across the Philippines, the biggest obstacle for many aspiring drivers remains the steep upfront cost of acquiring a vehicle. 

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