Friday, 20 June 2025, 1:34 am

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    Cirtek Holdings 1Q earnings dragged down by lower semiconductor, antenna sales

    Cirtek Holdings Philippine Corp., a listed semiconductor and antenna assembler, said Monday net profit in the first quarter declined 11 percent year-on-year to $1.55...

    Budget airline relaunches Laoag-Manila flights

    Cebu Pacific on Monday re-launched its Laoag-Manila route, the airline's 35th domestic destination.  With this development, traveling around the Philippines from Laoag has become easier,...

    Start up costs squeeze Upson profit margins in 1Q; expansion plans pushed

    Newly-listed personal computer and information technology products retailer Upson International Corp. said Monday net income in the first quarter was up 2.2 percent to...

    LTO chief resigns

    The chief of the Land Transportation Office on Monday announced his resignation due to differences with Transportation Secretary Jaime J. Bautista.  "Even as the Department...

    ACEN views Ilocandia’s northern loop with great optimism

    ACEN Corporation, the renewable energy-focused enterprise of the Ayala Group, has expressed great optimism on the potential of the so-called northern loop, more particularly...

    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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