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First Gen reports 52 percent 1Q income surge

First Gen Corp. booked a 51 percent surge in net income in the first quarter this year reaching $89 million (P4.9 billion) from only...

DOE rules out normal power before June this year

Electrical power moving through transmission lines should remain below comfortable levels until around June this year when the Ilijan natural gas-fired power plant comes...

AGI sets capex for this year at P70 billion 

Businessman Andrew Tan’s holding firm Alliance Global Group Inc. on Tuesday bared spending P70 billion as capital expenditures this year, a big chunk of...

PLDT Group: “Mechanisms in place as response to fortuitous events”

PLDT Group on Tuesday assured subscribers of a prompt response and of improved customer experience on those times when its telecommunications service fail for...

Locators in Lopez-led FPIP ecozone in Batangas hiring over 1,000 new workers

Companies located inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas need over a...

Just in

Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines

Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.

Philippines weighs looser fuel rules

Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.

Oil surge rattles peso, tests policy

The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
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