Thursday, 13 November 2025, 6:00 am

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    Government plans privatizing LRT 2, MRT 3 operations and maintenance in 2025

    The Department of Transportation (DOTr) on Tuesday bared plans to privatize the operations and maintenance of Metro Rail Transit Line 3 and Light Rail Transit Line 2  as soon as the lease contract on one of them expires next year. Their proponents, the DOTr said, will be entertained through a bidding process.

    Cebu Air accepts resignation of Frederick Go as director, names cousin David Go as replacement

    Listed airline Cebu Air Inc. announced Monday the resignation of Frederick Go as director of the board of the country's largest budget carrier flying under the brand name Cebu Pacific.

    Food price pressure seen still elevated in Metrobank inflation forecast

    Food-driven price pressures figure high in some of this year's inflation forecasts, such as that seen by the Metropolitan Bank and Trust Co. (Metrobank) which has retained its original 4.3 percent inflation print in 2024.

    NG debt service brought down GIR by $500 million

    The country’s gross international reserves (GIR), a measure of capacity to pay for foreign loans and external trade obligations, stood at USD102.5 billion, the...

    Economic managers remain vigilant over inflation risks despite December deceleration

    Inflation in December decelerated to 3.9 percent, its slowest pace since February 2022, but economic managers remain on their toes, with risks posed by El Nino weather event on prices agricultural commodities, particularly rice.

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    FMR construction costs seen dropping 20% under DA auspices

    Agriculture Secretary Francisco Tiu Laurel Jr. said the Department of Agriculture (DA) expects to cut construction costs by up to 20 percent when it assumes responsibility for building farm-to-market roads (FMRs) from the Department of Public Works and Highways (DPWH) starting next year.

    Cebu Pacific launches Piso Sale for 2026 travel

    Cebu Pacific (CEB) has launched its popular Piso Sale, giving travelers a chance to book flights for as low as ₱1 one-way base fare (excluding fees and surcharges) until November 15.

    DITO, InfiniVAN tandem seen boosting network resilience

    DITO Telecommunity Corp. has signed a Master Facilities Provisioning Agreement (MFPA) with InfiniVAN, Inc. to boost the country’s digital infrastructure through improved network resilience, wider coverage, and increased capacity.

    AGI net income rises 24% in first nine months

    Alliance Global Group Inc. (AGI), led by Andrew L. Tan, reported a 24 percent jump in net income to P24.8 billion for the first nine months, partly due to a one-time P3.4 billion gain from reclassifying its McDonald’s Philippines unit as an associate.

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