The Securities and Exchange Commission (SEC) has filed criminal charges against the employees, officers, and owners of Creditable Lending Corp., the operator of online lending application Easypeso, for engaging in abusive collection practices. Through an inquest proceeding on July 17, the SEC,...
The Office of the President (OP) has issued the appointments of two new undersecretaries at the Department of Energy (DOE), primarily naming Mylene C. Capongcol and Mario C. Marasigan to the new assignments in the agency, Manila Bulletin has learned. Both have been promoted from their ranks as...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported that electricity prices in the Wholesale Electricity Spot Market (WESM) have significantly dropped in the first half of 2025. This was due to better supply margins, transmission infrastructures, and the renewable energy...
The Department of Transportation (DOTr) has launched a cashless payment system for Metro Rail Transit Line 3 (MRT-3), allowing commuters to pay fares using digital wallets, debit cards, credit cards, and other methods. Transportation Secretary Vince Dizon led the unveiling of the MRT-3’s...
Global supply concerns, including an unexpected drop in United States (US) crude inventories and the lingering effects of sanctions on Russia, are set to drive up diesel and kerosene prices next week, while gasoline costs may see a modest decrease. Based on the four-day Mean of Platts Singapore...
Special Assistant to the President Anton Lagdameo on Wednesday, July 24, said President Ferdinand R. Marcos Jr.’s legacy program enabled farmers to finally own the land they have been tilling for decades. “The President’s legacy program has made it possible for farmers to finally claim the...
The Department of Trade and Industry (DTI) stated that prices of basic necessities and prime commodities remain stable despite the onslaught of three successive tropical storms and the southwest monsoon. In a statement on Thursday, July 24, DTI Secretary Cristina Roque said the agency has...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
The agricultural damage caused by the three successive tropical storms and the southwest monsoon (habagat) has now reached ₱454.12 million, according to the latest bulletin from the Department of Agriculture (DA). The DA said the Cordillera Administrative Region, Ilocos Region, Cagayan Valley,...
The Department of Transportation (DOTr) aims to launch the pilot operations of the long-awaited bus-based transportation system in Davao City within two years. Transportation Secretary Vince Dizon said the Davao Public Transport Modernization Program (DPTMP), otherwise known as the DavaoBus...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
The Department of Transportation (DOTr) announced that pilot operations of the Cebu Bus Rapid Transit (BRT) will commence in September, nearly a decade after funding for the project was approved. Transportation Secretary Vince Dizon said the pilot run is expected to benefit up to 70,000 commuters,...
