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Dusit expands in Northern Mindanao with two new hotels

Italpinas Development Corp. (IDC) announced on Monday that its subsidiary, IDC Prime, has signed agreements with Thailand's Dusit International to operate two new Dusit-branded hotels in Northern Mindanao.

Treasury bill yields up vs last week but lower compared to market

Treasury bill yields were lower at the auction Monday compared to prevailing secondary market rates, the Bureau of the Treasury said.

DOTr Urges Grab PH to prioritize passenger safety amid expansion plans

In a clear message to Grab Philippines, the Department of Transportation (DOTr) emphasized on Monday the need for the ride-hailing giant to uphold the...

Globe Telecom projects 200,000 fiber prepaid subscribers by year-end

Globe Telecom Inc. announced on Monday that it anticipates its GFiber Prepaid subscriber base to reach 200,000 by the end of 2024, driven by surging demand from Filipino households.

Meralco Power Gen signs solar deal in world’s largest solar-battery project

Meralco Power Gen Corp. (MGen) subsidiary Terra Solar Philippines Inc. (TSPI) has inked an engineering, procurement, and construction (EPC) contract with Power Construction Corporation of China Ltd. (Power China) for the development of the east side of the MTerra Solar project in Nueva Ecija.

Just in

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

Vivant Q1 profit holds firm amid expansion push

Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.
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