The Securities and Exchange Commission (SEC) has approved Metro Pacific Tollways Corporation’s (MPTC) bond offer of up to ₱20 billion, clearing the way for the company’s fixed-rate bond sale. The SEC en banc granted approval during its Wednesday meeting, allowing MPTC to offer bonds with a base of ₱15 billion and an oversubscription option of up to ₱5 billion, according …
Read More »
The Energy Regulatory Commission (ERC) is set to review its policies on the ineligible recovery of associated generation costs under power supply agreements (PSAs) to ensure retail power rates comply with the Electric Power Industry Reform Act (EPIRA) of 2001. During an open meeting streamed on Facebook last week, ERC Chairperson and CEO Francis Saturnino Juan cited a growing number …
Read More »
Finance Secretary Ralph Recto on Thursday expressed gratitude to former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr., praising his leadership for making the agency “stronger and more credible.” Recto’s statement came a day after the Presidential Communications Office announced the appointment of Finance Undersecretary Charlito Martin Mendoza as the new BIR chief. He credited Lumagui for ensuring a …
Read More »
More Filipinos are securing insurance coverage, with total premiums rising 13.2 percent year-on-year as of end-September, data from the Insurance Commission (IC) showed. The domestic insurance industry recorded total premiums of ₱372 billion by the end of the third quarter, up from ₱328.55 billion in the same period last year. This marks a notable jump from ₱242.84 billion at the …
Read More »
The Government Service Insurance System (GSIS) has launched a fully automated, paperless filing system for retirement and life insurance claims, allowing inactive members to submit and track applications through the GSIS Touch mobile app. Under GSIS Memorandum Circular No. 068, series of 2025, all government agencies must electronically transmit service records, retirement dates, and Leave Without Pay certifications of retiring …
Read More »
Challenging operating environment, online and other costs pull down Bloomberry’s income to P160 million. Enrique K. Razon Jr., Bloomberry Chairman and CEO, reported, “The business environment in the third quarter mirrored that of the first half of 2025. Our consolidated EBITDA declined due to ongoing softness in international high roller activity and increased expenses from the rollout of our online gaming services. However, the local market remained strong …
Read More »
The Ninoy Aquino International Airport (NAIA) earned its first-ever global customer-experience accreditation from Airports Council International (ACI) — the global association of airport authorities representing over 2,000 airports. NAIA achieved Level 1 Airport Customer Experience Accreditation for meeting international standards in managing and improving the passenger experience. ACI’s Airport Customer Experience Accreditation program is the only global framework that evaluates …
Read More »
The Government Service Insurance System (GSIS) launched a fully automated and paperless system for retirement and life insurance claims, allowing inactive members to file and track their applications through the GSIS Touch mobile app. The shift forms part of the agency’s digital transformation efforts to make government service simpler, faster and more convenient. Under GSIS Memorandum Circular No. 068, series …
Read More »
Shell Energy Philippines, Inc. (SEPH) recently signed a Power Supply Agreement (PSA) with Greenlight Renewables Holdings, Inc. (Greenlight) through Greenlight’s wholly-owned subsidiary San Isidro Solar Power Corp., for the purchase of electricity produced from a ground-mounted solar farm located in Leyte. The agreement marks a significant milestone for the joint venture between Emerging Power Inc. (EPI) and Shell Overseas Investments …
Read More »
Integrated schools provide seamless path from elementary to high school. By combining multiple grade levels under one roof, these schools help communities accommodate growing student populations and prevent learning interruptions. This is evident with the K-12 program allowing students to complete the full cycle of basic education without gaps. Jefmin Elementary School (JES) in Concepcion, Tarlac, is in the midst …
Read More »
The Market Monitor Minding the Nation's Business