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DoubleDragon starts pre-selling Hotel101-Libis Bridgetown project; eyes P4.9 billion in sales

DoubleDragon Corp. said Wednesday that its hotel subsidiary,  Hotel101 Global Pte. Ltd, secured the permit to sell units at Hotel 101-Libis Bridgetowne, a project...

Megawide to acquire real estate firm PH1 World for P5.2 billion

Listed firm Megawide Construction Corp. said Wednesday it will purchase all the outstanding shares of real estate company PH1 World Developers Inc. for P5.2...

Inflation eases to 5.4% in June, slowest since May 2022

Prices of consumer goods in the country eased further in June, an added incentive for the Bangko Sentral ng Pilipinas to again keep policy...

Low green energy auction turnout blamed on unrealistic tariff rates

Renewable energy firm Sun Asia on Wednesday blamed the low 30 percent turnout of the second green energy auctions (GEA-2) to the unrealistic tariff...

Petron completes sale of preferred shares; raises P13 billion

Petron Corp. said Tuesday it completed the offer of the initial tranche of Series 4 preferred shares, raising a total P13 billion for the...

Just in

GT Capital posts record 1H profit on strong banking, auto units

GT Capital Holdings Inc., the diversified conglomerate of the Ty family, reported a record net income of P18.42 billion for the first half of 2025, marking a 34 percent increase from P13.78 billion a year earlier.

Think tank condemns Chinese aggression in Bajo de Masinloc

The Stratbase ADR Institute strongly condemned the latest act of Chinese aggression in Philippine waters, following an August 11 incident involving Chinese vessels that led to a dangerous collision during a lawful Philippine Coast Guard resupply mission in Bajo de Masinloc.

PNB Capital wins big for Green Finance at The Asset Triple A Awards

PNB Capital and Investment Corp., the investment banking arm of Philippine National Bank, clinched two prestigious honors at The Asset Triple A Country Awards held in Singapore in July for its role in advancing renewable energy in the Philippines.

Palay prices soften further in July as global price slips—PSA data

The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
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