THE Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) signed a credit line agreement with the Land Bank of the Philippines (LANDBANK) last May 14 to settle P3.6 billion in contractual obligations to Light Rail Manila Corporation (LRMC), the private operator of LRT-1. This initiative follows a directive from President Ferdinand Marcos Jr. for the DOTr to …
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THE Government Service Insurance System (GSIS) recorded an impressive 170 percent increase in net income for the first quarter of 2026, reaching P43.6 billion compared to P16.1 billion in the same period last year. Total income for the quarter surged by 43.83 percent to P95.8 billion, driven primarily by P56.6 billion in insurance revenue from growing member contributions and a …
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DEEPAL officially opened its first flagship showroom in the Philippines along Shaw Boulevard in Mandaluyong City marking a major milestone in the brand’s continued expansion and a significant step forward in the country’s transition toward new energy and intelligent mobility. “Today is another very special day for the Autohub Group as we celebrate 27 years of serving our customers with passion, integrity, …
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The sizzling hot summer not only affects human but also one of your prized possessions which is your vehicle. This is why one needs to be careful especially when your car is already five years old and above. And according to Warren Lim Latoy and Joel Torres, the top honchos at the Master Garage Quezon City, as the temperatures this summer, “our vehicles become …
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The 2-day Sailun Tire Festival was a big hit among the car enthusiasts who packed the very spacious Joe Drive recently at Daang Hari in Villar City. The organizing Sailun Tire, headed by its managing director Toby Mendoza, created a huge venue for all the participating cars and car enthusiasts joining the automotive celebration.Luxuriant Auto Group top honcho Ruben Tan was also present during the 2-day event. …
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by Boy Villasanta For the fourth time, 2015 Miss Universe and Filipina film and television star Pia Wurtzbach participated in the prestigious Cannes International Film Festival in Cannes, France not as an actress but as a model to prelude not the showing of a Filipino film but a European tentpole instead. Pia recently walked the red carpet of the 79th …
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Being my first time in Boracay, it is a mix of excitement and blandness. Excited because, at last, among other things, I am able to step on the most-talked-about white sand of its beaches. Bland because I think Boracay is just as ordinary as any seascape. What adds to my excitement is the blending and the bonding with my cousins, …
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By DIEGO C. CAGAHASTIAN Government law enforcers raided the Philippine Sanjia Steel Corp. and closed the company’s 22.7-hectare steel manufacturing facility inside the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental. The May 15 raid was led by Executive Director Undersecretary Benjamin Acorda Jr. of the Presidential Anti-Organized Crime Commission (PAOCC), the National Bureau of Investigation (NBI) and the Armed Forces …
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Is the local film industry ready to embrace the idea of sourcing out renewable energy through solar power in the production of movies in the urban centers or in the remotest areas of the country where there are deficient electric supply? This is the question being posed to producers, moneyed or not, studio or independent ones. With the current fuel …
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The Bangko Sentral ng Pilipinas is urging businesses to actively promote the Personal Equity and Retirement Account (PERA) program, highlighting its tax incentives and long-term benefits for both employers and workers. BSP Deputy Governor Lyn Javier said in a statement that encouraging PERA participation can help employees build stronger retirement savings while also improving workplace retention and satisfaction. “By promoting …
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The Market Monitor Minding the Nation's Business