Monday, 04 August 2025, 10:38 pm

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    MPIC to invest in SPNEC

    Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...

    American firm to invest P4.35B in Clark EV assembly plant

    American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.

    Puregold net income rises 13% on strong sari-sari store base 

    Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.

    Passenger recovery allows Cebu Pacific to narrow 2022 loss

    Cebu Pacific reported a narrower 43.78 percent drop in losses last year as its passenger service continued to recover.  The Gokongwei-led airline said net loss...

    Land Bank bats for banking supremacy

    Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.

    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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