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PH Resorts finalizing talks with investors for Emerald Bay, may sell idle assets

PH Resorts Group Holdings Inc., the gaming and tourism holding company of the Udenna Group, said Friday it may soon close a deal with...

Liquor distribution, grocery business boost Cosco Capital earnings

Cosco Capital Inc., the investment holding company of billionaire Lucio Co., reported Friday net income in the first half increased 9.1 percent year-on-year to...

Sugar planters appeal for prompt start of milling operations

The National Federation of Sugarcane Planters (NFSP) have petitioned the Sugar Regulatory Administration (SRA) for a compromise and allow millers to begin operations by...

Forex adjustments help push 1H Robinsons Retail income 34% lower

Robinsons Retail Holdings Inc. on Thursday reported net income in the first half falling 34 percent to P1.79 billion from last year’s P2.73 billion.  It...

Malacañang tells Bersamin to discover why power plant impact studies take long to obtain approval

President Ferdinand Marcos Jr. is interested on why it takes the privately-owned National Grid Corporation of the Philippines (NGCP) up to two years and...

Just in

DA, SRA race to secure sugar industry input amid Middle East disruption

The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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