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Inflation rises to 4.4 percent in July

The headline inflation rate accelerated to 4.4 percent after tapping on the brakes in June, when the year-on-year increase in the consumer price index...

Meralco affiliate keen on adding 600 MW to its Singapore power plant

The Pacific Light Power Pte Ltd (PLP), a Manila Electric Co. (Meralco) affiliate company, is interested in putting up a 600-megawatt natural gas-fired power facility in Singapore.

SM Prime first-half consolidated income rises 13%

Shopping mall operator SM Prime Holdings Inc. on Monday reported first-half consolidated net income this year of P22.1 billion or 13 percent higher than only P19.4 billion last year.

MPTC buys government stake at NLEX for P2.5 billion

Metro Pacific Tollways Corporation (MPTC) on Monday reported buying the 2.61-percent government stake in NLEX Corp. for P2.5 billion.

55 million Metro Global shares transferred to Hong Kong investor Smart Share

Metro Global Holdings Corp. (MGH), a subsidiary of Fil-Estate Management Inc., has executed a share transfer deal with Smart Share Investments Ltd., a Hong Kong-based investor, as part of a partial settlement for loans made to FEMI.

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AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.
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