Monday, 18 August 2025, 9:24 am

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    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.

    FLI 2022 income falls 24% 

    Filinvest Land Inc., the property development arm of the Gotianun group, reported net income falling 24 percent last year to P2.89 billion from P3.8...

    RCBC selling real estate subsidiaries to FLI

    Rizal Commercial Banking Corp. of the Yuchengco Group of Companies is disposing its wholly-owned real estate subsidiaries to Gotianun-led Filinvest Land Inc. (FLI). The listed...

    Globe Telecoms submarine fiber optic cable only weeks away from completion

    Digital solutions platform Globe is on track to complete the country’s longest submarine cable network by April this year.  Globe, together with partners Eastern Communications...

    Just in

    Regular milled rice price ease in early August—PSA data

    The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.

    ERC raises market share limits for grid operators

    The Energy Regulatory Commission (ERC) has raised the installed generating capacity (IGC) and corresponding market share limitations (MSL) for both national and regional grids, reflecting recent additions to the country's power supply mix.

    PH retains third largest U.S. sugar export quota for 2026

    The United States Trade Representative (USTR) has maintained the Philippines' allocation of 145,235 metric tons (MT) of raw cane sugar under the World Trade Organization (WTO) tariff-rate quota (TRQ) system for fiscal year 2026, covering the period from 1 October 2025 to 30 September 2026.

    SEC mulls term limit for independent directors

    The Securities and Exchange Commission (SEC) is pushing for the strict enforcement of a cumulative nine-year term limit for independent directors in publicly listed companies, signaling a stronger stance on corporate governance reform.
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