Recent Posts

SMC, NNIC joint river cleanups help ease flooding at NAIA, nearby areas

A joint effort by New NAIA Infra Corp. (NNIC), the private operator of the Ninoy Aquino International Airport (NAIA), and San Miguel Corporation (SMC), through its Better Rivers PH, to clean up rivers around NAIA has started to ease flooding in Paranaque City, particularly areas surrounding the airport. This is especially crucial with the onset of the rainy season as …

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BOP shifts to US$226-M surplus in June 2025, GIR rise to US$106-B

The Philippines’ balance of payments (BOP), which accounts for the transactions of the country with the rest of the world, registered a surplus of US$226 million in June 2025. This marks a reversal from the US$155 billion deficit recorded in June 2024. The BOP surplus reflected the foreign currency deposits by the national government (NG) with the Bangko Sentral ng …

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GSIS donates tech tools to upland school in Leyte

The Government Service Insurance System (GSIS) has donated ₱400,000 worth of digital learning tools recently to Anahao Primary School in Bontoc, Southern Leyte. “This goes beyond providing equipment. Each device symbolizes hope and our belief that every Filipino child, no matter how remote, deserves equal access to quality education,” said GSIS President and General Manager Wick Veloso. The upland public …

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InLife elects Atty. Victor P. Lazatin as new trustee

InLife, the largest Filipino life insurer, has announced the election of Atty. Victor P. Lazatin as its new Independent Trustee.  He will fill the seat vacated by former InLife Independent Trustee, Atty Francisco Ed. Lim, who recently assumed his post as the new Chairman of the Securities and Exchange Commission. Atty. Lazatin is a Senior Legal Counsel at Angara Abello …

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MRT 3 finally uses Dalian trains after 10-year wait

President Ferdinand Marcos, Jr. formally launched the deployment of the Dalian trains at MRT 3, nearly a decade after government acquired the train sets. “This is the first day that these Dalian trains are finally in service — mula noong binili, hindi pa nagamit ito,” Marcos said as a Dalian train rolls by MRT-3 Santolan-Annapolis Station. The Philippines acquired 48 light …

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LTFRB seeks GFI’s support for PTMP

The Land Transportation Franchising and Regulatory Board (LTFRB) wants to talk with state-run banks to explore possible financial relief for jeepney operators struggling to repay loans tied to the Public Transport Modernization Program (PTMP). LTFRB Chairperson Teofilo E. Guadiz III said the agency will initiate discussions with the Development Bank of the Philippines (DBP), Land Bank of the Philippines and …

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MPTC’s Vietnam partner to build $1.5-B toll road

HO CHI MINH, Vietnam – The Vietnamese affiliate of Metro Pacific Tollways Corp. (MPTC) is implementing a $1.5-billion project covering three districts south of Vietnam, its biggest undertaking this year. Officials of CII Bridges and Roads Investment JSC (CII B&R) said the company is poised to be handpicked by the Vietnamese government as the investor for the Ho Chi Minh …

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Seniors, PWDs get 50% discount on Metro trains

The metro’s major railways are giving 50% discount to senior citizens and persons with disabilities (PWDs), President Ferdinand Marcos Jr. announced as he launched the discount program at the MRT-3 Santolan-Annapolis Station. “Ang makikinabang  dito sa programang ito ay siguro mga 13 milyong senior citizen at saka 7 milyon na PWD,” Marcos told the crowd.  The 50% discount is available …

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LTO’s clears motorcycle plate backlog

The Department of Transportation (DOTr) said government has eliminated an 11-year backlog in motorcycle plate production, in compliance to a directive from President Ferdinand Marcos Jr. to expedite the process. DOTr Secretary Vince Dizon said 5.4 million motorcycle plates were produced this year, effectively clearing the backlog that had accumulated since 2014. These plates are now being distributed to Land …

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MARINA pushes for global-standard shipbuilding

The Maritime Industry Authority (Marina) is pushing for the passage of two bills aimed at modernizing the shipbuilding and ship repair (SBSR) sector and improving the country’s ship registry, in line with global green and technological shifts. Pending at the 20th Congress are the SBSR Development Bill and the Philippine Ship Registry Bill which will close regulatory and financing gaps …

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