Category : Corporate News


Donny Pangilinan and Father Slash Diesel Prices

Actor Donny Pangilinan and his father Anthony reduced diesel prices by P3 per liter at their South Forbes gas station to aid the community amid rising fuel costs, earning widespread praise online.

Cebu's P8-B Market Project: Legal Battles Unfold

The P8-billion Carbon Public Market modernization in Cebu City faces escalating legal disputes over contract terms, rental increases, and vendor protections, threatening project completion and city finances.

FDA: Nestle's Recalled Milk Products Destroyed, Won't Return

The Food and Drug Administration guarantees that all recalled Nan Optipro and Nankid Optipro infant formula products have been properly destroyed and will not re-enter the market, following Nestle Philippines' voluntary recall initiative.

Cebu Transport Firms Seek 30% Fee Hike on Fuel Costs

Cebu logistics operators propose a 30% increase in trucking rates due to diesel and gasoline prices averaging P100 per liter, driven by global tensions and local economic pressures, potentially raising consumer goods prices.

Aboitiz Group's 2026 Start: Milestones and Global Awards

Aboitiz Equity Ventures Inc. (AEV) begins 2026 with significant achievements and international recognitions across its diverse business sectors, including power, banking, infrastructure, and sustainability, reinforcing its role in Philippine economic deve

Free Gasoline Giveaway in Cebu Eases Motorcycle Riders' Burden

Don Macchiatos Philippines provided free full-tank gasoline refills to over 150 motorcycle drivers in Talisay City, offering relief amid soaring fuel prices in Cebu. The initiative, costing P50,000, drew long queues as riders sought financial respite.

Cebu Winner Claims PHP 100M Ultra Lotto Jackpot

A lucky Cebu resident has won the PHP 100 million Ultra Lotto 6/58 jackpot, with the winning ticket purchased in Cebu City. The prize must be claimed within one year or it will be donated to charity.

Price Freeze on Basic Goods for Up to 60 Days

Manufacturers of basic necessities and prime commodities have committed to the DTI not to increase prices for 30 to 60 days, covering items like canned sardines, bread, and soap to mitigate the impact of rising petroleum costs.

DTI Warns Retailers on Hoarding, Profiteering Amid Crisis

The Department of Trade and Industry issues a stern warning to retailers against illegal hoarding and profiteering of essential goods, citing severe penalties under the Price Act, as global uncertainty from the Middle East conflict drives price concerns.

Store Supervisor Arrested for Theft in Cebu City

A 21-year-old store supervisor was apprehended in Ayala Center Cebu for allegedly stealing P8,500 in unrecorded sales. The owner reported the incident to police, leading to qualified theft charges.

LTFRB 7 Acts on Illegal Fare Hike in Cebu Van-for-Hire Unit

The Land Transportation Franchising and Regulatory Board (LTFRB) 7 has issued a show cause order against a van-for-hire unit for overcharging passengers at a mall terminal in Cebu City, following reports of fare increases from P40 to P50.

Cebu Chamber of Commerce Elects New Leadership

The Cebu Chamber of Commerce and Industry has elected a new set of officers and board members, marking a leadership transition aimed at fostering economic growth and business innovation in the region.

NBI Subpoenas Developer Over P2M Housing Scam in Visayas

The National Bureau of Investigation in Central Visayas has issued a subpoena to property developer Lloyd Adlawan following complaints from hundreds of clients who paid for housing units but never received their properties. Authorities are investigating p

NBI Probes Developer for Ghost Housing in Cebu

The National Bureau of Investigation in Central Visayas is investigating a property developer after hundreds of clients, including OFWs, paid millions for homes that were never built, with charges of syndicated estafa and cybercrime violations looming.

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