Tuesday, 04 November 2025, 1:56 pm

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    SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

    San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...

    Global trade growth seen decelerating further this year

    Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

    Manuel M. Lopez Passes Away

    Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.

    Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

    The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.

    Sunlight Air, BillEase announce partnership offering cardless Fly Now, Pay Later 

    Domestic boutique charter airline Sunlight Air and consumer finance app BillEase are partners in a venture enabling tourists to book flights and pay later even without a credit card.

    Just in

    Metrobank posts record P37.3B profit in 9 months

    Metropolitan Bank & Trust Co, the country’s fourth largest...

    Amazon, OpenAI forge $38B AI cloud deal

    Amazon Web Services and ChatGPT owner OpenAI have entered into a multi-year strategic partnership valued at USD38 billion, one of the largest infrastructure deals in artificial intelligence to date. 

    Economy seen expanding 5.9% in Q3, driven by consumer spending

    The economy is expected to have grown by 5.9 percent year-on-year in the third quarter of 2025, faster than the 5.5 percent expansion in the April–June period. The pickup, economists at Moody's Analytics said, is likely fueled by strong household consumption, supported by lower borrowing costs, easing inflation, and steady remittance inflows.

    SMPC net income falls 37% despite record coal and power output

    Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.
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