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Semirara earnings hurt by lower coal prices; 2Q net income down 5% on year

Semirara Mining and Power Corp., an integrated energy company, on Monday reported P10.2 billion in net income in the second quarter, a 5 percent...

JFC collaborates with upscale Singapore lifestyle brands

Quick-service restaurant chain Jollibee Foods Corp. has agreed to a joint venture with Food Collective Pte. Ltd. to own and operate Tiong Bahru Bakery...

Meralco projects power sales growing 4 percent this year

The Manila Electric Co. (Meralco) is projecting record power sales and income rising 5 percent in the second half this year and at least...

TransCo seeks 2.3 times the FIT-All rate starting next year

The National Transmission Corp. (TransCo) has asked the Energy Regulatory Commission (ERC) for an increase in the 2024 feed-in-tariff allowance (FIT-All) to P0.0867 per...

Former MB member Peter Favila elected as one of two new independent PSE directors

The Philippine Stock Exchange Inc. has two new independent directors following the election of Peter B. Favila and Andrew Jerome T. Gan at the...

Just in

DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.
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