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P2 billion cost savings from measures ahead of hot months

Guidelines implementing a government-wide energy saving program is seen generating an estimated P2 billion, the Department of Energy (DOE) said on Thursday. The guidelines implementing Administrative Order 15 signed earlier by President Ferdinand Marcos Jr. should be out the latest by mid-February.

DA chief appoints chief of staff, undersecretary for operations

The Department of Agriculture has formalized the appointment of additional key members of Agriculture Secretary Francisco P. Tiu Laurel, Jr’s official family, particularly his chief of staff and the undersecretary for operations.

Government seeks P45 billion from treasury auctions next week

The Bureau of the Treasury is looking to raise another P45 billion next week through the auction of treasury bills and bonds to support the government’s spending plans this year.

Asia-Pacific property market still listless in 4Q 2023—Colliers survey

Cap rates, the estimated yield of a property over one year, are on the rise in only five of 19 cities in Asia Pacific, all of them located in Australia, suggesting a still listless real estate market for most of the region in the fourth quarter of 2023, a survey by diversified professional services and investment management company Colliers showed Thursday.

Ayala Land renovating flagship malls, doubling hotel room count

Ayala Land Inc. has started a two-year program renovating four of its flagship malls as part of efforts to refresh its facilities after the pandemic. 

Just in

Puregold posts 9% profit growth in 2025

Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.

PAL posts higher profit in 2025 despite industry challenges

Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

Lopez rift deepens over First Gen deal with Prime Infra

A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.
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