CATEGORIES

inDrive Eyes 18k Drivers in 2025

Ride-hailing giant inDrive plans to grow its fleet to more than 18,000 drivers this year, as it gains ground across the Philippines for its cheap fares and industry-low commission.

DOE: Over 6,800 MW Projects to Boost Power Supply This Year

The Philippines is in a much better power situation in 2025.

Aboitiz unit seeks ERC approval for P895-M transmission facility

A subsidiary of Aboitiz Power Corp. is seeking regulatory approval to build and operate a transmission facility worth P895.6 million that will connect its floating solar project in Zambales into the Luzon grid.

Bankers' Night

It turned out to be a lovely evening last Friday, Jan. 10, as the Bangko Sentral ng Pilipinas (BSP) held its Annual Reception for the Banking Community at the historical Fort San Antonio Abad or Fuerte de San Antonio Abad that was built in 1584 as a small fortification in the old Malate district, serving as a rear protection for Manila and to guard the then Manila-Cavite route during the Spanish colonial period.

LRTA Gets P2B for Early Works of LRT-2 Extension

The Light Rail Transit Authority (LRTA) has secured P2 billion to deliver the preliminary works for a project that would extend the Light Rail Transit Line 2 (LRT-2) to the western segment of Manila.

DLS-CSB Offers New Course on Business Management, Tech Solutions

The De La Salle-College of Saint Benilde (DLS-CSB) is offering a new course focused on the strategic use of advanced technology tools and methodologies in solving operational challenges brought by the era of digital innovation.

Investment, daw?

Whoever is the not-so-bright economic adviser who convinced BBM to launch Maharlika as a sovereign wealth or investment fund did him and the country a big disfavor.

DBP seeks extension of BSP regulatory relief

The Development Bank of the Philippines will seek an extension of regulatory relief from the Bangko Sentral ng Pilipinas (BSP) after contributing P25 billion to the Maharlika Investment Fund (MIF).

PDIC chief allays concerns over deposit insurance fund

The Philippine Deposit Insurance Corp. (PDIC) has reassured the public that its Deposit Insurance Fund remains adequate even after the Marcos administration reallocated P107.23 billion of the DIF to support economic growth projects.

More LGUs Targeted for eBOSS Compliance

The Anti-Red Tape Authority (ARTA) aims to have an additional 200 local government units (LGUs) fully automate the processing of business permits this year.

Phinma Expects More Robust Growth in 2025

The Del Rosario Group's diversified conglomerate, Phinma Corp., expects more robust growth this year, fueled by expectations of better macroeconomic business conditions and its continuing expansion initiatives.

Historic LA fire

The smoldering ruins of Los Angeles wildfires, the costliest in US history, serve as a solemn reminder of how quickly devastation can take hold when conditions align.

Cautious trading to continue

Cautious trading is expected to persist this week as investors await fresh catalysts to support a strong rally.

Jollibee to Scale Up Presence in US Market

Homegrown fast-food giant Jollibee plans to scale up its presence in the US, a market which the company sees as very important to its expansion drive.

D&L Sees Faster Growth in Net Earnings This Year

D&L Industries Inc., the country's leading specialty food ingredients and oleochemicals producer, is upbeat about its prospects in 2025, with the company expecting faster earnings growth compared to last year.

Record P34-B Rice Tariff Collected in 2024

The government collected a record P34 billion in rice tariff last year, driven by bigger import volume coupled with higher shipment valuation and a weaker peso.

UN: Phl to Post Faster Growth in 2025, 2026

The Philippines is expected to grow at a faster pace this year and next, but geopolitical tensions and unfavorable weather conditions pose risks to the outlook, according to the United Nations (UN).

Gov't settles P1.95-T debts in 11 months

Over 96% of 2024 program

PSA Saluting Fajardo, KQ, Morado

Three individuals who excelled in their respective fields in the year just passed will be given distinction in the San Miguel Corp.-Philippine Sportswriters Association (SMC-PSA) Awards Night at the Manila Hotel two weeks from now.

GIN KINGS CLIP BOSSING

After giving up a bunch of points in its prior loss, Barangay Ginebra knew it had to return to its defensive roots.

Quiambao suffers sprain in KBL debut

Kevin Quiambao's keenly awaited Korean Basketball League debut was cut short by an ankle sprain in the first half of the Goyang Sono Skygunners' duel against the top-seeded Seoul SK Knights yesterday at the Goyang Gymnasium.

Touring pros brace for tough battle at TCC

An elite lineup of former champions, seasoned contenders and rising stars gear up for the P6 million The Country Club Invitational on Jan. 28-Feb. 1 at the TCC course in Sta. Rosa, Laguna.

Zheng, Ruud score grindout victories

Olympic champion Zheng Qinwen and sixth seed Casper Ruud rallied to make the Australian Open second round Sunday as storms caused havoc ahead of Aryna Sabalenka beginning her quest for a historic third consecutive crown.

Hoey drops to joint 29th after a 70

Rico Hoey of the Philippines failed to sustain the charge and carded an even-par 70 in the third round to slide to a share of 29th in the Sony Open in Hawaii Saturday.

Breakthrough bronze for Phl lacrosse

When lacrosse was introduced to the country 12 years ago, hopes were high the country would do well internationally in the future.

Morant Lifts Grizzlies Over Timberwolves

Memphis star Ja Morant scored the game-winner with 18.6 seconds left on Saturday, lifting the Memphis Grizzlies to a 127-125 victory over the Minnesota Timberwolves in a tension-packed NBA shootout.

Professionalism is dying

It appears that the lines defining a professional athlete continue to be blurred.

Disney pledges $15 M in LA fire aid

The Pacific Palisades wildfires torched the home of \"This Is Us\" star Milo Ventimiglia, perhaps most poignantly destroying the father-to-be's newly installed crib.

LA wildfires death toll hits 16

The death toll from the wildfires ravaging the Los Angeles area rose to 16 as crews battled to cut off the spreading blazes before potentially strong winds return that could push the flames toward some of the city's most famous landmarks.

Netanyahu sends Mossad director to Gaza ceasefire talks

Israeli Prime Minister Benjamin Netanyahu is sending the director of the Mossad foreign intelligence agency to ceasefire negotiations in Qatar, his office said Saturday, in a sign of progress in talks on the war in Gaza.