Gas, diesel, kerosene hike hits motorists Tuesday
Motorists and enterprises will once again face higher fuel costs this week, as local oil companies announce another round of price hikes amid volatile global crude markets and currency headwinds.
Strong mall, residential sales drive SM Prime’s 1H growth
SM Prime Holdings Inc., the country's largest integrated property developer, posted a record high first-half net income of P24.5 billion, marking an 11 percent increase from P22.1 billion year-on-year, driven by robust rental income, residential sales, and rising ancillary revenues.
PLDT joins gov’t in breaking barriers to connectivity
PLDT Inc. and its wireless arm, Smart Communications, are ramping up efforts to support the government’s digitalization drive by collaborating with key agencies to dismantle regulatory barriers and fast-track infrastructure rollout, especially in underserved areas.
Meralco taps biogas power in 20-year deal with Quezon co-op
The Manila Electric Co. (Meralco), the country’s largest power distributor, has signed a 20-year power supply agreement (PSA) with First Quezon Biogas Corp. (FQBC) for 1.25 megawatts (MW) of renewable energy sourced from a biogas facility in Candelaria, Quezon.
Stakeholders back phased rice tariff hike amid sector pressures
Agriculture stakeholders have welcomed the Department of Agriculture’s (DA) recommendation for a phased increase in rice import tariffs, with groups urging swift legislative action to address the sharp decline in palay prices and protect local farmers.
