Tuesday, 05 August 2025, 5:38 am

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    NAC capex for mining biz up by 80 percent

    Nickel Asia Corp. (NAC) has set aside as capital expenditure for its mining business this year P4.5 billion, up 80 percent from last year's P2.5 billion.

    BPI to acquire Diamond Group’s auto leasing, rental services providers

    A joint venture between Ayala-led bank of the Philippine Islands and Tokyo Century Corp. (TCC) is acquiring the auto leasing and rental services business of the Diamond Group that will transform fleet management in the Philippines.

    Meralco secures one-year EPSA from San Miguel power unit

    The Manila Electric Co. (Meralco) has obtained a one-year emergency power supply agreement (EPSA) with San Miguel Corporation’s South Premiere Power Corp. (SPPC) for...

    Ayala Land sells Areit shares at a discount

    Property developer Ayala Land Inc. on Wednesday sold 205 million shares of Areit Inc. at P32.10 per share, equivalent to P6.58 billion. 

    DA lifts temporary ban on beef imports from Brazil after a week

    The Department of Agriculture (DA) on Wednesday lifted the ban on imported beef products from Brazil just a week after imposing the temporary measure.

    Just in

    Ayala named among ASEAN’s Top 50 for corporate governance excellence

    Ayala Corp. has been recognized as one of the Top 50 Publicly Listed Companies in ASEAN and among the Top 5 in the Philippines for exemplary corporate governance at the 2025 ASEAN Corporate Governance Conference and Awards (CGCA) held in July in Kuala Lumpur, Malaysia.

    Gas, diesel, kerosene hike hits motorists Tuesday

    Motorists and enterprises will once again face higher fuel costs this week, as local oil companies announce another round of price hikes amid volatile global crude markets and currency headwinds.

    Strong mall, residential sales drive SM Prime’s 1H growth

    SM Prime Holdings Inc., the country's largest integrated property developer, posted a record high first-half net income of P24.5 billion, marking an 11 percent increase from P22.1 billion year-on-year, driven by robust rental income, residential sales, and rising ancillary revenues.

    PLDT joins gov’t in breaking barriers to connectivity

    PLDT Inc. and its wireless arm, Smart Communications, are ramping up efforts to support the government’s digitalization drive by collaborating with key agencies to dismantle regulatory barriers and fast-track infrastructure rollout, especially in underserved areas.
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