The Philippine Ports Authority (PPA) reported a 13.65 percent increase in revenue reaching ₱14.85 billion in the first half of 2025, up from ₱12.91 billion during the same period last year. This highlights the agency’s pivotal role in supporting Philippine trade, tourism, and national infrastructure development.
The Manila Electric Co (Meralco) on Friday announced a P0.4883 per kilowatt-hour (kWh) increase in electricity rates for July, raising the overall rate to P12.6435/kWh from last month’s P12.1552/kWh. This follows two consecutive months of rate reductions totaling P0.8575/kWh, signaling a reversal that could significantly impact both households and businesses.
DoubleDragon Corp., a listed property developer, said its gross floor area reached 1.5 million square meters with the completion of its fully pre-leased 5-hectare CentralHub warehouse complex in Cebu.