Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Bureau of the Treasury raised P80 billion after fully awarding Treasury bills and cash management bills at the auction on Monday, with strong investor demand allowing the government to secure fresh funding despite mixed movements in short-term interest rates.
Port users are urging regulators to tighten proposed reforms on cargo handling and container yard operations, arguing that stronger safeguards are needed to ensure lower logistics costs as the government pushes to modernize Philippine ports.
The Bases Conversion and Development Authority (BCDA) and the Subic Bay Metropolitan Authority (SBMA) are positioning the Port of Subic Bay as a strategic logistics hub for the country's growing artificial intelligence and semiconductor ambitions, a move aimed at strengthening the Philippines' role in high-value global supply chains.
McDonald's Philippines marked its 45th anniversary with a clean sweep at the 20th Asia Pacific Tambuli Awards, highlighting how corporate success is increasingly measured not only by financial results but also by long-term contributions to society.