Water consumers must prepare to pay higher monthly water bills starting January next year, as both East and West zone concessionaires implement an approved round of tariff adjustments. The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS-RO) said residents should brace for a...
Razon-led International Container Terminal Services Inc. (ICTSI) is investing about ₱10.34 billion to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. Minister of Ports and Airports Silvio Costa Filho announced the new private investment, which...
Local stock market investors will test whether the main index can stay above the 6,000 level, buoyed by positive sentiment from the United States Federal Reserve (US Fed) and Bangko Sentral ng Pilipinas (BSP) rate cuts, but will also take cues from upcoming US economic data, including inflation and...
ILOILO CITY – A conglomerate of the Razon group’s power distribution services in the Visayas has strengthened its partnership with a South Korean firm. This was after Primelectric Holdings Inc. led by President and CEO Roel Castro conducted a key technical tour of the facilities of Taeyoung...
The Securities and Exchange Commission (SEC) is warning the public that SE Sports or Seek Explores Sports Association Inc. is illegally soliciting investments. The corporate regulator issued an advisory after gathering reports that the entity’s individuals or members are enticing the public,...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this December in select parts of Caloocan, Las Piñas, Malabon, Manila, Muntinlupa, Parañaque, Pasay, Quezon City, Valenzuela, and Cavite...
Bank of the Philippine Islands’ microfinance arm, BPI Direct BanKo Inc., A Savings Bank (BanKo), has enlisted NASDAQ-listed ACI Worldwide to advance its payment infrastructure, according to a statement. Under the partnership, BanKo will implement ACI’s issuing and acquiring platform, which is...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI), the world’s largest independent terminal operator, has signed a 25-year partnership agreement with Transnet SOC Ltd. for the strategic Durban Container Terminal (DCT) Pier 2 in South Africa. “The landmark agreement...
SM Prime Holdings Inc. (SM Prime) reinforced its push for climate resilience as Vice President for Design, Innovation and Strategy Jessica Sy joined regional policymakers and development leaders at the United Nations Office for Disaster Risk Reduction’s Women International Network for Disaster...
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
ILOILO CITY — The operator of Visayas-based Ceres buses welcomed the recent Supreme Court (SC) decision against a former board of director, who has fled the country and is a fugitive from justice. Vallacar Transit Inc. (VTI), the country’s biggest bus company, said the Nov. 25, 2025 decision of...
The local stock market is poised to gain momentum this week, driven by expected rate cuts from the United States (U.S.) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP), alongside influential domestic labor and foreign investment data. Philstocks Financial Research Manager Japhet...
