The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
South Korea’s national railway operator Korea Railroad Corp. (KORAIL) has inked an agreement to provide technical support for the operations and maintenance (O&M) of Metro Rail Transit Line 7 (MRT‑7) as the project targets 2026 for full operations. SMC MRT-7 Corp., a wholly owned...
The Philippine Deposit Insurance Corp. (PDIC) has enhanced and extended its closed bank loan incentive program (CLIP) in 2025 to enable more borrowers from closed banks to manage their debts and avoid foreclosure. In a statement, PDIC said the offering, now known as CLIP 3.0, has increased...
The Lugtu family’s Asialink Finance Corp. has been given an issuer credit rating of PRS A plus (corp.) with a stable outlook by Philippine Rating Services Corp. (PhilRatings). PhilRatings noted that Asialink, reportedly one of the fastest-growing financing companies in the Philippines with 192...
The Energy Regulatory Commission (ERC) announced that it has finished its evaluation of the National Grid Corporation of the Philippines’ (NGCP) fourth regulatory period (4RP) reset. In a statement on Wednesday, April 16, the Energy Regulatory Commission (ERC) announced the completion of its...
Consumers will experience a slight uptick in April’s electricity bills due to higher transmission charges, the National Grid Corporation of the Philippines (NGCP) announced. In a briefing on Tuesday, April 15, Julius Ryan Datingaling, NGCP's head of business and regulatory development, explained...
Electric distributor MORE Electric and Power Corp. (MORE Power) welcomed the energization of a new transformer of the National Grid Corp. of the Philippines (NGCP) in Iloilo City. THE swinging of the Baldoza feeder using a bypass line to facilitate load transfer to the newly commissioned 100 MVA...
DigiPlus Interactive, the company behind BingoPlus, ArenaPlus, SpinPlus, and GameZone, is setting the benchmark for responsible gaming in the Philippines, introducing industry-first safeguards that ensure a safe, balanced, and controlled gaming experience for players. At the core of its responsible...
For a premium price, a luxury property promises unparalleled lifestyle, exclusivity, and comfort. Often situated in prestigious locations with remarkable design features, clients choose luxury properties that fit their personal expression and lifestyle. According to the data from Colliers...
Isuzu Philippines Corporation (IPC) has officially launched the 2025 Isuzu mu-X in the country, introducing a refreshed version of its popular midsize SUV. The new model brings updates across exterior styling, cabin features, off-road performance, and safety technology, aimed at maintaining its...
CALAPAN CITY, Oriental Mindoro – The owner of a vast landholding embracing the area of city hall and offices of some government agencies here maintained that its decision to fence the whole property is legal and seeks to prevent illegal settlers from entering. GUINOBATAN property Menakor Corp.,...
Renewable energy (RE) firm Alternergy Holdings Corp. reported that its Alabat wind power project is making progress following the arrival of its two units in Quezon province. In a statement on Tuesday, April 8, Alternergy reported that the first two wind turbines, with a capacity of eight megawatts...