Robinsons Retail Holdings Inc., the listed retail unit of the Gokongwei group, is planning a wider footprint in places outside the National Capital Region, spearheaded by its drugstore and supermarket units.
Better margins from cooking gas sales, particularly in Luzon, despite the decline in prices, buoyed first-quarter net income of Mindanao-based Pryce Corp. to a 40 growth to P656.7 million.
The price of electricity at the Wholesale Electricity Spot Market (WESM) in April increased has increased, based on initial estimates made by the Independent Electricity Market Operator of the Philippines (IEMOP).
SMC Infrastructure is calling on motorists using the Skyway and NAIA Expressway to ensure their Autosweep RFID accounts are sufficiently funded to avoid traffic delays.
The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.
Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.
Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.
The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.