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ABA 2022 net income exceeds target

AbaCore Capital Holdings Inc., a holding company involved in real estate, tourism, mining, and finance, reported consolidated net income of P2 billion in 2022,...

Inflation decelerates in April to 6.6% on lower food, electricity prices

Lower prices of food, electricity, and cooking gas helped further slow down headline inflation in April to 6.6 percent, extending a deceleration that started...

Shorter fixer-eliminating LTO exams in the works

The Land Transportation Office (LTO) plans to shorten the examination for driver’s license applicants to eliminate the reliance on fixers. LTO Chief Jay Art Tugade...

Ayala prices preferred share re-issue at P2,500 apiece 

Ayala Corp. has priced some 4 million class A preferred shares at P2,500 apiece under a reissuance exercise seen raising at least P20 billion...

Laguna Lake fish catch smell as El Nino bites

Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) urges government to come up with a contingent plan for the fisheries sector as...

Just in

Filipinos prioritize lower food prices, jobs, and anti-corruption—survey

A recent survey commissioned by the Stratbase Institute found that Filipinos want the national government to focus on lowering food prices, creating jobs, and addressing corruption, amid rising fuel costs linked to tensions in the Middle East.

MREIT secures SEC nod for  P16.2B expansion

MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.

PhilWeb, Okada launch premium gaming platform

PhilWeb Corp., a listed electronic gaming company, has sealed a strategic partnership with Tiger Resort, Leisure and Entertainment, Inc. to roll out a new online gaming platform branded OKADA PLAY, marking a significant push into the country’s fast-growing digital gaming market.

BE Cadiz solar project enters active buildout stage

Basic Energy Cadiz 1 Corporation (BECC), a wholly owned unit of Basic Energy Corp., has locked in a critical step for its 43-megaWatt-alternating current ground-mounted solar project in Cadiz City, formalizing key engineering, procurement, and construction (EPC) agreements that push the development into active buildout.
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