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PE2 tackles energy issues in DOE sponsored workshop

The Philippine Energy Efficiency Alliance (PE2) is optimistic about the future of energy efficiency and conservation (EEC) projects in the country following the Department of Energy's (DOE) launch of the first province-wide workshop on the formulation of Local Energy Efficiency and Conservation Plans (LEECP) in Iloilo.

Treasury bill yields ease on strong demand at auction

Average rates on treasury bills drifted lower at the auction Monday as demand continued to increase after the central bank confirmed its commitment to further monetary policy easing this year.

DA threatens interventions to force dismal pork MSRP compliance higher

The Department of Agriculture (DA) is considering reconvening with local pork stakeholders as it grapples with low compliance rates following the implementation of the maximum suggested retail price (MSRP) for pork in the National Capital Region’s wet markets.

FPIP partners with LGUs to provide homes for typhoon victims in Batangas

The First Philippine Industrial Park, an economic zone developer led by the Lopez Group, recently broke ground in Agoncillo, Batangas to mark the launch of the Sulong Batangas housing project.

SMC reports 18% income drop amid strong revenue growth in 2024

San Miguel Corporation (SMC) reported a significant 18 percent drop in net income for 2024, totaling P36.7 billion, down from P44.69 billion in 2023. Despite the decline in income, the company achieved a 9 percent increase in revenue, reaching P1.6 trillion, driven by higher sales across its core businesses, including power, spirits, fuel, and oil.

Just in

Fuel prices set for big drop this week 

Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

Weak peso raises PLDT project costs; demand, dollar revenue provide offset

PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.
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