Cebu Rapid Transit Launch Postponed Indefinitely

The star-studded launch of Cebu's Rapid Transit system, featuring President Marcos Jr., has been postponed indefinitely. The project, delayed for decades, now faces budget overruns and route challenges.

Cultural Traditions Boost Sari-Sari Store Sales in Philippines

Filipinos are using cultural traditions and beliefs in luck to guide shopping, leading to a sales surge in sari-sari stores as families prepare for prosperity. Tech startup Packworks' data shows items like hopia, Chinese wine, and Asian noodles see signif

Aboitiz InfraCapital Wins Most Innovative Award Again

Aboitiz InfraCapital, Inc. has been honored as the Most Innovative Infrastructure Investment Company in the Philippines at the International Finance Awards 2025, marking its second consecutive win for this prestigious recognition.

China's Tourism Boom to Boost Asia-Pacific Economies

China's outbound tourism is experiencing a significant surge, driven by an extended Spring Festival holiday and rising demand for cross-border travel. The Asia-Pacific region, particularly Southeast Asia, is poised to benefit immensely from this wave of C

Metrobank Predicts BSP Rate Cut on Slowing Growth, Inflation

Metropolitan Bank & Trust Co. anticipates a 25 basis point rate cut by the Bangko Sentral ng Pilipinas on Feb. 19, 2026, due to slowing GDP growth and controlled inflation, with potential for further easing if price pressures remain subdued.

DBP Wins International Award for Agriculture and Reforestation

The Development Bank of the Philippines has been honored as the Top Community-Centric Company at the 2025 Asia Corporate Excellence and Sustainability Awards for its Agri-Puhunan at Pantawid Program and a 100-hectare reforestation project in Zamboanga Sib

Cebu Launches 'Toilet Stops' for Tourists Across Island

Cebu's Provincial Tourism Office has identified the first 10 'toilet stops' across the island to provide clean and reliable restrooms for travelers, with repairs targeted for completion by March 2026 ahead of peak summer travel and ASEAN meetings.

Cebu Electricity Rates Spike, Burdening Households

Cebuano families face financial strain as major power distributors implement electricity rate hikes, with costs rising 15-20% in early 2026. Advocates call for transparency and reforms to ease the burden.

SM Prime Net Income Hits P48.8B in 2025, Up 7%

SM Prime Holdings achieved a 7% rise in net income to P48.8 billion in 2025, driven by commercial property growth and cost discipline. Revenues reached P141.1 billion, with malls leading at P85.1 billion.

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