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    MPIC to invest in SPNEC

    Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...

    American firm to invest P4.35B in Clark EV assembly plant

    American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.

    Puregold net income rises 13% on strong sari-sari store base 

    Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.

    Passenger recovery allows Cebu Pacific to narrow 2022 loss

    Cebu Pacific reported a narrower 43.78 percent drop in losses last year as its passenger service continued to recover.  The Gokongwei-led airline said net loss...

    Land Bank bats for banking supremacy

    Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.

    Just in

    MIESCOR taps PLDT Enterprise for enhanced connectivity

    PLDT Enterprise, the corporate business arm of PLDT Inc., has formed a strategic partnership with Meralco Industrial Engineering Services Corporation (MIESCOR) to enhance operational agility, connectivity, and workforce efficiency across job sites. Under the partnership, MIESCOR’s teams will be equipped with Smart Postpaid services, providing secure and reliable wireless communication tools to streamline coordination and eliminate the inefficiencies of prepaid mobile solutions—especially crucial for time-sensitive operations.

    Marcos Jr. retains economic team, signals stability and growth

    Finance Secretary Ralph G. Recto will remain at the helm of the Department of Finance after President Ferdinand R. Marcos Jr. rejected his courtesy resignation, signaling continued confidence in Recto’s leadership and commitment to fiscal stability and economic growth.

    Crackdown on driver’s license fixers launched amid safety concerns

    Transportation Secretary Vince Dizon on Friday vowed to come down hard on online scammers and fixers peddling fake driver’s licenses, following President Ferdinand Marcos Jr.'s directive to clean up the system and enhance road safety.

    NFA frees up warehouse space, resumes palay buying in Bulacan

    The National Food Authority (NFA) has resumed palay procurement in Bulacan after clearing out space in its warehouses, carrying out President Ferdinand Marcos Jr.’s directive to purchase as much as possible to bolsters farmers’ income and build up the grain reserves needed to sustain the P20 per kilo rice program.
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