The government is set to launch a digital net metering application platform next month to make it easier for households to join the program and cut their electricity costs, the Department of Energy (DOE) announced last week. DOE Assistant Secretary Mylene Capongcol said President Ferdinand R. Marcos Jr. has ordered the streamlining of net metering processes, with a goal of …

Major Japanese manufacturers, including Toshiba Corp. and Fujitsu Ltd., are moving their headquarters functions away from central Tokyo as remote work reduces the need for large city offices and companies seek closer integration of research, manufacturing, and corporate planning. Toshiba, which had been based in Tokyo’s Shibaura district for about 40 years, has transferred its executive office and corporate planning …

State-owned Land Bank of the Philippines (LandBank) and the Philippine National Police (PNP) have amended their memorandum of agreement (MOA) to simplify pension processing for police retirees. Signed on Aug. 14 at the PNP Headquarters in Quezon City, the updated MOA allows active PNP personnel to retain their existing LandBank payroll accounts as their pension accounts upon retirement. This removes …

Japanese debt watcher Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ investment-grade credit rating of “A-” with a stable outlook, a move seen by the Department of Finance (DOF) as a strong vote of confidence from international investors. “Isa itong tagumpay na dapat ipagdiwang ng bawat Pilipino. Dahil ibig sabihin nito, nananatiling mataas ang tiwala ng mga credit …

The Bangko Sentral ng Pilipinas (BSP) is expected to continue easing its monetary policy in the second half of 2025 as slowing inflation gives room for more rate cuts, Fitch Solutions unit BMI said in a report Thursday. BMI projected the BSP’s benchmark policy rate to fall to 4.75 percent by yearend, from the current level, as inflation cooled to …

Filipinos’ credit perception index (CPI) score remained broadly stable this year, supported by strong foundational knowledge of credit and modest gains in trust toward financial products, TransUnion Philippines said last week. In its latest annual study, the company reported that the general population’s CPI score stood at 73 out of 100 in 2025, almost unchanged from last year’s 74. The …

Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Manzanillo, Mexico, is enhancing its logistics offering with the introduction of WAN HAI Lines’ Asia-South America West Coast 2 (WSA2) service. The service made its inaugural call at Contecon on August 11 with the arrival of the vessel WAN HAI A16. Also known as the Asia-South America (ASA) …

Suzuki Philippines announced its ‘Early Reservation Promo’ for those who would want to secure the all-new Suzuki Fronx, a bold and stylish crossover, that will run from Aug. 20 to Sept. 5 only.  Early reservations for the GLX AT variant come with exclusive Suzuki genuine accessories that make your Fronx even more versatile and premium.  Those who will reserve, purchase, …

The Philippine motorcycle industry registered total sales of 910,923 units for the second quarter of 2025, a significant increase of 4.8 percent compared to the 876,074 units sold in the same period last year. This consistent upward trend underscored the continuing demand for 2-wheel vehicles in the country, largely fueled by their affordability, efficiency, and role in navigating congested urban …

Hongqi Philippines further improved two of their foremost electric vehicle models in the market with the introduction recently of the upgraded E-HS9 and the E-QM5 Plus at the TDG In.Hub Atrium in Taguig City. The latest addition to the lineup of luxurious vehicles of Hongqi Philippines features an impressive and improved ranges while maintaining Hongqi’s trademark elegance. “As we roll …