Tag: Metropolitan Bank & Trust Co.

Ayala Land Inc. is raising its 2026 capital spending plan to P60 billion from P50 billion, signaling stronger confidence in its project pipeline even as residential demand remains selective.

More than 38,000 customers of the Manila Electric Co. (Meralco) remained without electricity Monday morning, as the enhanced southwest monsoon and Tropical Cyclones Luis and Maymay continued to disrupt services and cause widespread damage.

The Philippine Chamber of Commerce and Industry is pressing the government to quickly issue a Joint Administrative Order aimed at curbing soaring logistics costs and easing port congestion, warning that delays could further squeeze businesses and consumers as cargo volumes rise later this year.

The House of Representatives has approved a resolution commending the long-standing bilateral relations between the Philippines and Japan, marking the 70th anniversary of the normalization of their diplomatic ties.