A lineman is working on an electric pole in Ermita, Manila. Manila Electric Co. (Meralco) is raising rates this month. — PHILIPPINE STAR/RYAN BALDEMORBy Sheldeen Joy Talavera, ReporterCUSTOMERS of Manila Electric Co. (Meralco) face higher bills as the power distributor is set to raise rates

PHILIPPINE STAR/EDD GUMBANTHE PHILIPPINES saw a slight improvement in its ranking in a global corruption perceptions index by Transparency International, although its score remained well below the global average.   In the watchdog’s 2024 Corruption Perceptions Index (CPI), the Philippines ranked 114th out of 180 countries

PHILIPPINE STAR/JESSE BUSTOSMANILA ELECTRIC Co. (Meralco) is proposing a capital expenditure of approximately P215.36 billion for its regulatory period spanning 2026–2029.Meralco plans to invest P34.39 billion in 2026, P59.50 billion in 2027, P57.91 billion in 2028, and P64.56 billion in 2029, based on its filing

PHILIPPINE STAR/KRIZ JOHN ROSALESTHE PHILIPPINE Stock Exchange Index (PSEi) could reach 7,600 this year, driven by improving economic conditions and a positive market outlook, according to First Metro Securities Brokerage Corp. The brokerage’s broader target range for the PSEi this year is 6,600 to 8,600,

1 of 2COLONEL Narciso L. Manzano was the highest-ranking Filipino officer in the US Army under the command of General Douglas MacArthur.During World War II, he led and was involved in multiple battles and intelligence operations, like the blowing up of the bridge in Calumpit,

MPIC CHAIRMAN, President, and Chief Executive Officer Manuel V. Pangilinan — BW FILE PHOTOBUSINESSMAN Manuel V. Pangilinan said his group is looking to increase its stake in financial technology company Maya Bank, Inc.“We’d like to, if we can. We’re talking to KKR about that. But

1 of 2AS PART of its commitment to nurturing Filipino artists, the Asian Cultural Council (ACC) will auction off major artworks on Feb. 22 at the Leon Gallery. The ACC Philippine Fellowship Program will benefit from the auction, which is now on its 10th year.

BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at lower rates amid healthy appetite for longer tenors on expectations that the Bangko Sentral ng Pilipinas (BSP) will continue to ease its policy stance.The Bureau of

EDGAR J. SIA II — PHILIPPINE STAR/ERNIE PEÑAREDONDODRAGONFI Securities, Inc. has secured a P10-million matching grant fund after its recent launch as the first personal equity and retirement account (PERA) administrator accredited by the Securities and Exchange Commission (SEC).The grant, which came from DragonFi Co-Founder

TRANSUNION Philippines has appointed veteran banker Peter Faulhaber as its new president and chief executive officer, it said on Tuesday.“We are excited to welcome Peter and his appointment comes at an important time for TransUnion Philippines as we work to further enhance our services and

FREEPIKThe Philippine’s GDP grew at 5.6% for the whole year of 2024, pulled down by the usual non-performer and Achilles heel of the Philippine economy, the Agriculture, Forestry and Fishing (AFF) sector that contracted at 1.6%. Services grew by 6.7% while industry expanded 5.6%. Although

(FROM L-R) MPIC Executive Director, Senior Advisor Stanley Yang, MPIC VP for Business Development Ryan Jerome T. Chua, MPIC VP for Legal Ricardo M. Pilares III, mWell President and CEO and MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal- Revilla, Ayala Corp. Chairman Jaime