Friday, 20 June 2025, 5:34 am

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    Higher-than-forecast global consumption sends local retail fuel prices higher

    Fuel prices at the retail level are to move generally higher across the country beginning a little past midnight tonight. Seaoil gas increased the per liter price by P0.80 for gasoline...

    Ayala to redeem P10 Billion, 7-year bonds in July

    Ayala Corp., a listed conglomerate of the Zobel family, said Monday it will redeem in July all the P10 billion worth of seven-year bonds...

    Century Pacific unloads shares in listed Century Food, raises P2.8 Billion

    Century Pacific Food Inc. said Monday its majority shareholder, Century Pacific Group Inc., unloaded 114 million shares it held in the listed food company,...

    Abusive debt collection practices prove the undoing of online lender

    The Securities and Exchange Commission on Monday bared coming down hard on an online lender for abuses allegedly committed while lending. The regulator seized computer...

    Globe exceeds its tower sale and leaseback target

    Globe Telecom Inc. on Monday said it raised neatly P100 billion from the sale and leaseback of its telecommunications towers.  The Ayala-led telco has been...

    Just in

    Maynilad welcomes 10-year RCA extension

    Maynilad Water Services Inc. on Thursday lauded the Economic Development Council’s (ED Council) approval of a 10-year extension of the Revised Concession Agreement (RCA) with Metro Manila’s water concessionaires, allowing the company to operate until January 2047.

    DigiPlus eyes global markets with strategic executive appointments

    DigiPlus Interactive Corp. has expanded its executive leadership team, appointing Tommy Hu as chief executive officer and Rick Li as chief digital officer, signaling its push for global market penetration and deeper digital innovation in the face of intensifying domestic competition in online gaming.

    First solar school powered under P1.3B electrification drive

    The National Electrification Administration (NEA) and the Department of Education (DepEd) have energized the new solar power facility at Datu Saldong Domino Elementary School in Sitio Tagpangi, Buenavista, Agusan del Norte—marking the first installation under the government’s P1.295-billion Last Mile Schools electrification program.

    ERC cites market, peso strength in power rate cuts

    The Energy Regulatory Commission (ERC) on Thursday reported a decline in average power generation rates across 15 of 17 regions in May this year, citing favorable conditions at the Wholesale Electricity Spot Market (WESM), a drop in imported coal prices, and a stronger peso.
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