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Bank of Commerce starts public offer of P5 billion fixed-rate bond

The Bank of Commerce started on Tuesday started the public offer of 1.5-year bonds that would raise at least P5 billion for the listed banking affiliate of...

DMCI confident it could turn around Cemex Holdings

DMCI Holdings Inc. is confident the big bet it made in acquiring Cemex Holdings Philippines would pay handsome dividends on its own and as a result of synergies it would create with other companies in the listed diversified engineering conglomerate’s portfolio.

PhilRice data suggest P20/kilo rice possible with more funding 

Is P20 per kilo rice just a dream? A campaign promise meant more to win votes than actually deliver affordable food on every Filipino table?

Meralco 1Q income up 11 percent; full-year income seen over P40 billion

The Manila Electric Co. (Meralco) on Monday reported an 11 percent increase in consolidated core net income over three months this year reaching P10.1 billion compared to only P9.05 billion last year.

DOTr urges LGUs quick adoption of mobility programs encouraging pedestrian power

The Department of Transportation (DOTr) is urging local government units (LGUs) to step up the adoption of mobility programs with the use of human power to get from one point to the next.

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Lender adds stock trading feature to app

GoTyme Bank has launched a new feature called PH Stocks, allowing users to trade shares directly within its mobile app.

Marcos cuts LPG, kerosene excise to ease costs

President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.

Balisacan sees growth slowdown, downplays recession risk

Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.

DPWH eyes SLEX TR4 extension to Sorsogon; first phase set to open this year

The Department of Public Works and Highways (DPWH) is planning to extend the South Luzon Expressway Toll Road 4 (TR4) up to Matnog, Sorsogon by next year.
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