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Villar Group sells Prime Water to Lucio Co Group

Prime Water Infrastructure Corp., controlled by the Villar group, announced on Tuesday that it has agreed to sell the company to the Lucio Co group.

GMA Network goes global with cloud upgrade

GMA Network is revolutionizing its broadcast operations with next-generation IP and cloud delivery, setting a new benchmark for modern broadcasting while cutting costs and streamlining workflows.

Jollibee keeps sales sizzling, expansion on track

Jollibee Foods Corp. said sales momentum across its global network remains firm, with resilient international markets and normalized domestic operations keeping performance in line with its full-year 2025 guidance.

RFM pays up as profits power dividends

RFM Corp. is leaning into what it does best: steady earnings, strong cash flows, and rewarding shareholders.

US job growth stalls as labor market cools

US hiring barely moved in November, signaling a labor market that has lost momentum after years of breakneck growth. Total nonfarm payroll employment rose by...

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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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