Thursday, 19 June 2025, 4:07 am

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    Lance Gokongwei to sit on BPI advisory council

    Bank of the Philippine Islands, the country’s third largest lender by assets, announced Thursday the appointment of independent director Janet Guat Har Ang as...

    Government aviation unit marks 28 years, now debt-free

    Clark International Airport Corp. (CIAC), which recently celebrated its 28th anniversary, has remitted dividends to the national treasury and paid all of its bank loans.

    Manila Water bares P833 million worth of new mainline connections in Rizal

    Manila Water Co. Inc. is spending P833 million in Rizal province this year on 23 mainline extension and individualization projects.

    Kawit substation to help ease critically loaded circuits in Cavite area

    The Manila Electric Co. (Meralco) has started the development of a new substation in Kawit, Cavite to support the industrial expansion and growing energy demand of communities in the area.

    Maccaferri Group inks retirement fund pact with PNB

    Italy’s Maccaferri Group signed an agreement with listed Philippine National Bank of taipan Lucio Tan to set up a retirement benefit plan for the group’s employees.

    Just in

    Stakeholders urge fast-track of coastal protection bills

    Environmental stakeholders are urging the government to intensify support for the proposed Integrated Coastal Management Act and Coastal Greenbelt Bill, citing urgent ecological and policy implications.

    Flexible energy sourcing gains ground under RAP

    Retail electricity supplier Evo Energi Inc. has been tapped by 22 companies to supply power under the Retail Aggregation Program (RAP), the Energy Regulatory Commission (ERC) said, marking the commercial move toward cost-efficient and flexible energy sourcing in the country.

    Fuel prices seen surging on supply fears, not shortages

    Fuel prices across the country are forecast sharply higher next week, with gasoline projected to rise by ₱2.30–₱2.50 per liter and diesel by as much as ₱3.40–₱3.60 per liter, according to Jetti Petroleum Inc. president Leo Bellas. This marks potentially the steepest hike this year, surpassing the ₱1.80 per liter adjustment in gasoline recorded on 17 June.

    Events, concerts drive Mall of Asia visitor surge

    Something electric happening at the Mall of Asia Complex, and it is not just the fireworks.  SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, saw a 15 percent rise in foot traffic during the first quarter of 2025, drawing in a whopping 34.5 million visitors.
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