Rizal Commercial Banking Corporation delivered net income of P9.5B for the full year 2024, with double-digit growth of 26% in net interest income and a 40% expansion in consumer loans.  The Bank’s total resources reached P1.4T by end 2024. Net income growth, without the non-recurring gains in 2023, was at 13.6% year-on-year, as core business maintains momentum. The bank’s net …

Government will try to convince a prized investor at the Ninoy Aquino International Airport (NAIA) to stay, as it considers exiting the Philippines after its lease ballooned by 11 times. Transportation Secretary Vince Dizon is working with aircraft maintenance, repair and overhaul (MRO) provider Lufthansa Technik Philippines (LTP) to address its issues on lease rates, which have gone up since …

Tourism Secretary Christina Garcia Frasco met with Transportation Secretary Vivencio “Vince” Dizon to strengthen collaboration between the Department of Tourism (DOT) and the Department of Transportation (DOTr) in improving connectivity and enhancing the country’s transport infrastructure to boost the tourism industry. Welcoming Secretary Dizon at the DOT Central Office in Makati City, Sec. Frasco congratulated him on his appointment. “All …

The Philippines is laying the groundwork in leading the production and usage of Sustainable Aviation Fuel (SAF) with its sufficient agricultural waste feedstock that is expected to meet the country’s jet fuel demand and capacity to export. During the Philippines’ hosting of the Sustainable Aviation Fuel (SAF) Forum, the Department of Transportation (DOTr), in collaboration with leading global aerospace company, …

While Filipino airline passengers usually fly economy when they visit the United States and Asian destinations, more travelers are also splurging on business-class tickets in the past year, according to a report by travel company Trevolution Group. Trevolution, in a statement, reported that demand for economic class tickets, which accounted for 94% of the total bookings, grew by 36% to …

The Toll Regulatory Board (TRB) hopes that full cashless toll collection and interoperability among expressway operators can be implemented within the year, despite existing challenges in account management and system reliability. TRB Executive Director Alvin Carullo said that while the original plan for full cashless implementation has been suspended for further review, the board is actively working on resolving key …

The Philippine Ports Authority (PPA) has launched the Integrated Management System (IMS) to ensure compliance with global standards in quality management, sustainability and operational efficiency. PPA formally introduced the IMS at the Port Management Offices (PMOs) NCR-North and NCR-South on Feb. 24, 2025. The initiative enhances port operations by aligning with ISO standards and the Government Quality Management Systems Standards …

Government need to catch up in securing the right-of-way (ROW) for big-ticket railways, with nearly 49,000 informal settler families (ISFs) still waiting to be relocated. As of November 2024, the Department of Transportation (DOTr) resettled only 1,756 of the 50,633 ISFs that live within the alignment of priority railways, based on a report submitted to the House of Representatives. These …

BingoPlus, your comprehensive digital entertainment platform in the country, has turned more players into instant millionaires overnight. Two BingoPlus players were awarded their winning jackpot prize and were interviewed on February 28, 2025 at the BingoPlus Studio in Quezon City. One player won the jackpot for the game Slots & Casino with a total prize of ₱81,700,889. While, in the …

Young racing talent Danzel Waytan is set to make his mark in the Minutes Endurance Challenge (MEC) season opener at Motegi Circuit on March 8-9, following an impressive pre-season testing at Suzuka Circuit. Competing in the PRO-AM Class alongside experienced racer Shunji Okumoto, Waytan demonstrated both speed and consistency, clocking in at 2:14.1 on Saturday and 2:14.6 on Sunday Waytan, …