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DOTr approves public transport fare increase
Business

DOTr approves public transport fare increase

Department of Transporation Sec. Giovanni Lopez on Friday confirmed that he has issued a memorandum to the Land Transportation Franchising and Regulatory Board to lift the suspension on the public fare increase approved in March.

One Domain•Updated 14 minutes ago
Marcos suspends excise tax on LPG, kerosene
Business1 hour ago

Marcos suspends excise tax on LPG, kerosene

Marcos ordered the suspension after a recommendation from the Development Budget Coordination Committee and the Department of Energy.

One Domain•@_katrinadomingo•Updated 1 hour ago
Industries told to recycle water as allocations cut in preparation for super El Niño
Business2 hours ago

Industries told to recycle water as allocations cut in preparation for super El Niño

Water concessionaires have also been advised as early as the first quarter of the year to start preparing their standby deep wells.

One Domain•@_katrinadomingo•Updated 1 hour ago
First PH Holdings: No governance rights for new First Gen investor
Business3 hours ago

First PH Holdings: No governance rights for new First Gen investor

First Philippine Holdings, parent firm of First Gen, said Angsana Finance Limited will not have governance rights even after buying a 19.9 percent stake in First Gen.

One Domain•@jekkipascual•Updated 3 hours ago
Possible spike in palay prices seen if there is severe El Niño
Business3 hours ago

Possible spike in palay prices seen if there is severe El Niño

The NFA hopes that farmers will have already harvested their rice crops before the worst of the El Niño hits.

One Domain•@johnsonManabat•Updated 3 hours ago
Why profitable Filipino SMEs still struggle to get loans
Business4 hours ago

Why profitable Filipino SMEs still struggle to get loans

Small businesses find it difficult to secure bank loans lower than P500,000 as banks prefer bigger amounts.

One Domain•Updated 4 hours ago
Fewer bus units plying routes amid high diesel prices; longer waiting times at PITX
Business4 hours ago

Fewer bus units plying routes amid high diesel prices; longer waiting times at PITX

Fewer buses are turning up at a major transport terminal amid the surging price of diesel.

One Domain•@_izzylee•Updated 4 hours ago
Philippine Airlines to launch direct flights to Delhi and Mumbai in December
Business7 hours ago

Philippine Airlines to launch direct flights to Delhi and Mumbai in December

PAL said the routes, which are still subject to approval from the Indian government, will establish direct air links between the Philippines and two of India's leading cultural and commercial centers.

One Domain•Updated 7 hours ago
Lower power rates seen as Malampaya gas returns to Ilijan plant
Business7 hours ago

Lower power rates seen as Malampaya gas returns to Ilijan plant

Prime Energy said this restores a critical link in the Philippines' energy infrastructure and paves the way for lower electricity rates.

One Domain•Updated 7 hours ago
BIR gives out P23.67 billion in tax refunds from January to September
Business8 hours ago

BIR gives out P23.67 billion in tax refunds from January to September

The BIR said it has paid out P23.67 billion in tax refunds from January to September this year.

One Domain•Benise Balaoing•Updated 8 hours ago
DA preparing new round of fuel subsidy for farmers, fisherfolk
Business10 hours ago

DA preparing new round of fuel subsidy for farmers, fisherfolk

The Department of Agriculture is preparing a new round of fuel subsidies for farmers and fisherfolk amid rising oil prices.

One Domain•@andreatagz•Updated 10 hours ago
DOE: Diesel, kerosene price rollback likely in last week of September
Business11 hours ago

DOE: Diesel, kerosene price rollback likely in last week of September

Diesel and kerosene prices are likely to retreat in the last week of September, the Department of Energy (DOE) said Friday, following renewed US-Iran diplomatic engagement.

One Domain•Updated 10 hours ago
Toyota PH to train Toyota Asia distributors in Santa Rosa hub
Business23 hours ago

Toyota PH to train Toyota Asia distributors in Santa Rosa hub

Toyota Motors Philippines said the selection of the country highlights the growing recognition of Filipino talent within Toyota’s global value chain.

One Domain•Updated 23 hours ago
PH Intellectual property body says ready to protect EU brands' IP rights
Business23 hours ago

PH Intellectual property body says ready to protect EU brands' IP rights

The Intellectual Property Office of the Philippines says it is ready to protect European brands and products as part of the Philippines-European Union Free Trade Agreement.

One Domain•@jekkipascual•Updated 23 hours ago
LPG prices to rise even if Marcos approves excise tax suspension—stakeholder
Business1 day ago

LPG prices to rise even if Marcos approves excise tax suspension—stakeholder

Cooking gas prices will still go up even if Malacañang decides to suspend the excise tax on LPG and kerosene soon.

One Domain•@alvinelchico•Updated 1 day ago
P2.75 trillion 'lost' to corruption and inflation, SP Gatchalian estimates
Business1 day ago

P2.75 trillion 'lost' to corruption and inflation, SP Gatchalian estimates

The country has lost about P2.75 trillion from the second quarter of 2025 to the second quarter of 2026 due to corruption and inflation.

One Domain•@victoriatulad•Updated 1 day ago
GCash parent Mynt names investor commitments for IPO
Business1 day ago

GCash parent Mynt names investor commitments for IPO

GCash parent Mynt has named some of the investors who have made commitments for its debut at the Philippine Stock Exchange.

One Domain•Benise Balaoing•Updated 1 day ago
House tax panel chair seeks higher taxes on luxury cars
Business1 day ago

House tax panel chair seeks higher taxes on luxury cars

Under the proposed measure, luxury vehicles priced between P4 million and P8 million would face a 50 percent ad valorem tax.

One Domain•Updated 1 day ago
Oil prices dip on third day of trading in world market
Business1 day ago

Oil prices dip on third day of trading in world market

Oil prices dipped on the third day of trading in the world market.

One Domain•@alvinelchico•Updated 1 day ago