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Moody’s affirms BDO’s Baa2 investment-grade ratings

Moody's Investors Service has affirmed the investment-grade Baa2 credit rating and stable outlook of BDO Unibank Inc., the largest bank in the Philippines. According to...

DOE seeks greater clarity on invalidated pact with China, Vietnam

The Department of Energy (DOE) needs greater clarity on the effects of a Supreme Court decision invalidating as unconstitutional the joint marine seismic undertaking (JMSU) it signed with Vietnam and China as this relates to a particular exploration area in the West Philippine Sea.

Regulators keen on amending CSP rules

The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are keen on adopting amendments to the competitive selection process (CSP) when contracting...

Telco executives grateful for forensic audit outcome of P48B capex overruns

PLDT Inc. executives on Thursday heaved a collective sigh of relief following the completion of a forensic audit into elevated capital expenditures (capex) for the period 2019 to 2022. 

Megaworld expects P2 billion sales from new Cebu building

Megaworld  Corp., the property development arm of businessman Andrew Tan, expects to generate P2 billion in sales from the Positano Mactan building, its sixth...

Just in

Prime Energy confirms major gas boost from Malampaya expansion

Prime Energy said it is on track to deliver additional natural gas from the Malampaya field by the fourth quarter of 2026.

SM malls to shorten amid oil shock

SM Supermalls will open later on weekdays nationwide starting March 30, shifting mall hours to 11:00 a.m. from Monday to Friday as part of efforts to conserve electricity during the ongoing National Energy Emergency. On Saturdays and Sundays, the malls open 10 a.m. Closing hours on all days will be at 9 p.m.

Gov’t steps in to curb looming power rate spike amid global fuel turmoil

The government and energy sector players are rolling out emergency measures to protect electricity supply and limit price increases as global fuel markets remain unstable amid ongoing conflict in the Middle East.

Toyota Philippines profit hits record on EV push 

Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.
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