Tuesday, 19 August 2025, 11:18 pm

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    Ovialand files for a P2.2 billion IPO

    Socialized housing developer Ovialand Inc. is set to go public under a P2.21 billion initial public offering (IPO) at the Philippine Stock Exchange (PSE). Ovialand...

    Tanay wind power prospects attract potential partners

    Renewable energy developer Alternergy Holdings Corp. said that subsidiary, Alternergy Tanay Wind Corp. has received proposals from global and local energy companies to co-develop the proposed...

    Consumer sales, ad revenue help cut ABS-CBN 2022 losses by 54%

    ABS-CBN Corp. on Thursday reported a sharp 54 percent reduction in net loss to only P2.6 billion in 2022 from P3 billion in 2021...

    Monetary Board raises policy rate by 25 basis points

    The policy-making Monetary Board on Thursday decided to raise the interest rate on the Bangko Sentral ng Pilipinas’ overnight reverse repurchase facility by 25 basis...

    SMC water savings reach 33.8 billion liters

    On World Water Day, San Miguel Corp. (SMC) reported that its businesses collectively saved some 33,865,901,000 liters of water from 2017 to 2022--equivalent to...

    Just in

    Quimpo name Ayala Land CFO, signaling strategic financial transition

    Ayala Land Inc. (ALI) has appointed Jose Eduardo A. Quimpo II as its new chief financial officer (CFO) and treasurer, effective August 19, marking a key leadership transition with corporate and commercial implications for the real estate giant.

    DOTr Orders Airlines to Give Real-Time Flight Updates

    The Department of Transportation (DOTr), through the Civil Aeronautics Board (CAB), has issued a directive requiring all airlines to provide passengers with timely and accurate updates on flight status, in line with President Ferdinand Marcos Jr.’s directive to improve the travel experience for Filipinos.

    Clark Airport lowers forecast passenger traffic, citing operational delays

    Luzon International Premiere Airport Development Corp. (LIPAD), operator of Clark International Airport (CRK), has revised its 2025 passenger traffic forecast downward to 3 million, from an earlier estimate of 3.2 million, citing operational delays and airline changes.

    DA pushes for more rice processing systems

    The Department of Agriculture (DA) is seeking to accelerate the development of additional rice processing systems (RPS) nationwide to improve post-harvest efficiency and support the National Food Authority (NFA), whose milling and drying capacity has declined following the Rice Tariffication Law (RTL).
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