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PERC 2024 income surges 89% after accounting adjustment, RE sales growth

PetroEnergy Resources Corp. (PERC) reported an 89 percent increase in consolidated net income to ₱882 million for 2024, mainly driven by a restatement of its 2023 earnings to align with accounting standards.

Bong Go still leads in SWS poll

Private pollster Social Weather Stations (SWS) reported Monday that nine of the 12 senatorial candidates endorsed by President Ferdinand Marcos Jr. remain within the “Magic 12,” with his sister, re-electionist Senator Imee Marcos, still outside the winners' circle.

NAIA reports 12.7% surge in Holy Week travelers to 1.17M

Passenger traffic at Ninoy Aquino International Airport (NAIA) rose sharply during the 2025 Holy Week period, with over 1.17 million travelers recorded from 13 to 20 April  — a 12.7 percent increase from the same period last year, according to New NAIA Infra Corp. (NNIC).

Beware the one-ring scam: Smart warns of costly international call fraud

Smart Communications, Inc. has issued a warning to customers about a growing phone scam known as ‘wangiri fraud’—a deceptive practice involving missed calls from international numbers designed to trick recipients into calling back premium-rate lines.

T-bill rates rise at auction

Lingering global uncertainty continued to drive average rates on shorter-dated treasury bills at the auction Monday.

Just in

State Street to open new Manila office in 2H

State Street Corp. said it will open a new office in Manila in the second half of 2026, marking a major expansion of the global financial services firm’s Asia-Pacific operations.

PLDT pushes sustainable growth beyond connectivity services

PLDT Inc. is accelerating its transformation from a telecommunications provider into a technology-driven company, betting on artificial intelligence, network resilience, and sustainability initiatives to drive long-term growth while balancing profitability with environmental and social commitments.

Philippines seeks Japan trade review, CPTPP support

The Philippines is aiming to advance discussions on a potential review of its trade agreement with Japan while seeking Tokyo’s backing for Manila’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Trade Secretary Cristina Roque said.

Direct flights to spur Philippines-China tourism surge

The Philippines is set to gain a fresh boost in tourism and economic activity as Chinese carriers expand direct flights to Manila, strengthening both business links and people-to-people exchanges.
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