Davao Council Urges PSALM to Keep Power Supply to Avoid Rate Hikes
Davao City Council passes resolution urging PSALM to maintain power supply contract with Davao Light, warning that reduction could increase electricity rates by 50 centavos per kWh.
Category : Business
DPWH Orders Early Finish of MacArthur Highway in Apalit
DPWH Secretary Vince Dizon inspected the MacArthur Highway rehabilitation in Apalit, Pampanga, directing officials to complete the ₱35.6 million project before the rainy season, addressing long-standing public complaints.
DOLE Warns Employers Over Delayed Final Pay
The Department of Labor and Employment warns employers against delaying final pay for former employees, citing 23,496 hotline calls in 2025 and potential legal penalties.
Oil Price Hike Forecast for Next Week in Philippines
Jetti Petroleum President Leo Bellas warns of another oil price increase next week, with diesel rising PHP1.20-1.40/liter and gasoline PHP0.30-0.50/liter due to tight supply conditions.
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Cebu Land Agents Arrested in P3M Online Selling Scam
Two real estate agents were arrested in Cebu City after an entrapment operation revealed they attempted to sell a client's property online for P3 million without authorization, leading to charges of estafa and falsification.
DOTr Adds ₱450M to Speed Up Davao Airport Expansion
The Department of Transportation allocates an additional ₱450 million to CAAP to accelerate Davao International Airport's expansion, with construction already 30% complete and new chillers improving passenger comfort.
SEC Exempts Micro Firms from Audited Financial Statements
The SEC has exempted firms with capital and liabilities up to P3 million from submitting audited financial statements, aiming to reduce regulatory burdens on micro enterprises.
Real Estate Agents Arrested in Cebu for Property Fraud
Police in Cebu City arrested two real estate agents for allegedly attempting to resell a client's property for P3 million and pawning his documents without consent in a fraudulent scheme.
City Savings Bank Expands Visayas Footprint in 2025
Cebu-founded City Savings Bank upgraded its Cadiz City branch to full-service in 2025, part of a broader expansion strategy to enhance banking access in Visayas and support Cebu's regional economic role.
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Rent.ph and SMDC Partner for 90,000 Condo Rentals
Rent.ph partners with SMDC Good Stays to market 90,000 condominium units nationwide, expanding rental options and enhancing transparency in the Philippine property market.
Davao Light Finishes Pole Move for Maa Flyover
Davao Light and Power Company confirms all utility poles along the Maa Flyover have been relocated, removing a key obstacle to the infrastructure project's completion.
Samal Starts Hagimit Falls Reopening Preparations
The Island Garden City of Samal initiates first-phase preparations to reopen Hagimit Falls by Q1 2026, focusing on safety upgrades and environmental protection after a four-year closure for rehabilitation.
JDN Realty Group Wins Great Place to Work Certification
JDN Realty Group has achieved its first Great Place to Work Certification, with 87% of employees rating it as excellent, far surpassing the Philippine average of 65%.
Davao Accelerates PhilGAP Certification for Durian Exports
Davao City's Agriculturist Office intensifies efforts to certify and renew PhilGAP for durian farms, aiming to secure premium international market position through food safety and quality standards.
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GCash GLoan Adds Free Health and Loan Insurance
GCash's GLoan now includes free health and loan insurance for approved loans of at least ₱500, providing financial security for unexpected expenses in the Philippines.
Philippines Tourism Hits 6.48M Visitors, P694B Revenue in 2025
The Philippines recorded 6.48 million international tourist arrivals in 2025, generating P694 billion in spending. Key developments include Michelin Guide launch, new flight routes, and gastronomy initiatives.
DA Considers 300,000 MT Rice Imports in February
The Department of Agriculture plans initial rice imports of 300,000 metric tons next month to stabilize supply and retail prices while protecting local farmers through minimum palay buying commitments.
DOTr Thanks Lazatin for NSCR Extension Support
Transportation Secretary Giovanni Lopez expressed gratitude to Pampanga Rep. Carmelo Lazatin Jr. for his crucial backing of the North-South Commuter Railway Extension, highlighting intergovernmental cooperation for this major infrastructure initiative.
Consumer Group Calls for Visayas Energy Roadmap
The Alliance of Concerned Consumers in Electricity and Social Services joins calls for a transparent energy plan in the Visayas, citing DOE projections of a potential power shortage by 2026.
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Maxim's 2025 Community Initiatives in Pampanga: Education, Health Support
Maxim Rides & Food Delivery concluded 2025 with comprehensive community development efforts in Pampanga, focusing on child welfare, education, and public health through school support, outreach events, and blood donation drives involving driver-partners.
LTFRB Orders Fast Insurance Payout for Isabela Crash
LTFRB Chair Vigor Mendoza II directs expedited insurance processing for victims of a fatal truck-jeepney collision in Luna, Isabela, killing three and injuring others, aligning with President Marcos's victim assistance directives.
Landbank Opens New Phygital Branches Across Philippines
Landbank inaugurated multiple new branches and a corporate center in late 2025, including a phygital branch in Initao, Misamis Oriental, to enhance financial access nationwide.
DTI: Prices of Essential Goods Remain Stable
The Department of Trade and Industry announces that prices for canned sardines, instant noodles, and other necessities are unchanged, with 91% of items under control despite higher production costs.
Cebu Aims for Tourism Boost with ASEAN Forum Hosting
Cebu officials are leveraging the 2026 ASEAN Tourism Forum to revitalize tourism, addressing pandemic declines and earthquake impacts through heritage tours and marketing initiatives.
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Frasco Denies Politicking, Addresses Travel Tax and Funding
Tourism Secretary Christina Frasco clarifies she has no political ambitions, discusses travel tax removal implications, and outlines DOT's challenges with infrastructure funding cuts in 2026.
Davao Light Targets Phase 2 Cabling Finish Before Araw ng Dabaw
Davao Light and Power Company expects Phase 2 of the Ramon Magsaysay Avenue Underground Cabling Project to be completed before Araw ng Dabaw festivities, despite minor delays due to equipment arrival issues.
600+ Davao Youth Hired via SPES Program in 2025
More than 600 students and out-of-school youth in Davao City secured employment in 2025 through the Special Program for Employment of Students (SPES), gaining work experience and financial support for education.
PH Consumption Stable in 2026 on OFW, BPO Support
Maybank economist forecasts stable domestic consumption in the Philippines for 2026, driven by robust OFW remittances and BPO sector growth, supporting economic expansion amid global uncertainties.
Global Tourism Grows 4% in 2025, UN Reports
International tourist arrivals increased by four percent in 2025, reaching 1.52 billion travelers worldwide, with Europe leading and Africa showing strong growth.
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PAL and Xavier School Launch Travel Partnership
Philippine Airlines and Xavier School in San Juan have formed a corporate travel partnership to enhance safety, convenience, and educational value for school-related trips through streamlined booking and unique learning experiences.
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