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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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PH industrial property players stay bullish, 84% eye expansion

Philippine industrial property players remain bullish on expansion, with 84 percent planning to increase their footprint over the next three years despite economic uncertainty, rising construction costs, and high operating expenses.

TIEZA sees tourism investment surge in Q4

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) expects tourism investments to accelerate in the fourth quarter, with P2.56 billion worth of proposed projects already in the pipeline following P4.63 billion in registrations in the first eight months of 2026.

Filinvest Land moves to dissolve three units

Filinvest Land Inc. is moving to dissolve three wholly owned subsidiaries as it streamlines its corporate structure, while keeping the development of its Mimosa Lifestyle Mall in Clark on track.

Toyota seeks hybrid slots in Metro Manila TNVS

Toyota Motor Philippines Corp. (TMP) is pressing the transport regulator to allow conventional hybrid vehicles to compete for 7,500 new transport network vehicle service (TNVS) slots in Metro Manila, challenging the government’s decision to limit the latest allocation to plug-in and fully electric vehicles.

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