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Cemex net loss widens in 3Qon lower prices, sales volume

Cemex Holdings Philippines Inc., a listed cement manufacturer, said Friday rising operating cost and lower cement sales in the third quarter resulted in a wider net loss of P583 million compared with a P552 million loss in the same period last year.

$9.67 billion funds left Ph over nine months

Foreign investors, the short-dated variety in this case, proved skittish in the first nine months this year when they pulled out $9.67 billion worth of investments and left for elsewhere, according to the Bangko Sentral ng Pilipinas.

DOE rules out power outages during Barangay, SK elections

The Department of Energy (DOE) assures the public of the availability of power supply across the country before, during and after the scheduled Barangay and Sangguniang Kabataan elections on Monday.

Maynilad intensifies leak repairs to manage non-revenue water losses

West Zone concessionaire Maynilad Water Services Inc. bared plugging more than 27,000 pipe leaks as of the third quarter this year, bringing the total leak repairs to 485,319 since its re-privatization in 2007.

Max’s commissary extends power supply pact another four years

Aboitiz Power Corp. recently renewed its retail electricity supply partnership with NoBia Inc., the commissary of the Max’s Group of companies.

Just in

Peso slips to P60 vs USD, stocks wobble on oil shock

The peso is likely to stay under pressure after breaking the 60:$1 mark, with volatility risks skewed to the upside, according to analyst Michael Ricafort. The currency closed at a record P60.10 on March 19 as renewed Middle East tensions drove oil prices higher—fueling inflation concerns and widening the country’s trade gap.

Diesel prices seen soaring again; temporary return of cheaper fuel approved

Fuel prices across the country are expected to rise sharply this week, with diesel likely to see another double-digit increase, according to a local fuel retailer.

Ports, proximity shape Philippines’ diverging trade flows

The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.

Converge completes nationwide digital network, boosting PH as global tech hub

Fiber broadband provider Converge ICT Solutions Inc. announced it has completed its National Digital Infrastructure, a major network designed to support advanced technologies and boost the country’s role in the global digital economy.
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