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Ovialand files for a P2.2 billion IPO

Socialized housing developer Ovialand Inc. is set to go public under a P2.21 billion initial public offering (IPO) at the Philippine Stock Exchange (PSE). Ovialand...

Tanay wind power prospects attract potential partners

Renewable energy developer Alternergy Holdings Corp. said that subsidiary, Alternergy Tanay Wind Corp. has received proposals from global and local energy companies to co-develop the proposed...

Consumer sales, ad revenue help cut ABS-CBN 2022 losses by 54%

ABS-CBN Corp. on Thursday reported a sharp 54 percent reduction in net loss to only P2.6 billion in 2022 from P3 billion in 2021...

Monetary Board raises policy rate by 25 basis points

The policy-making Monetary Board on Thursday decided to raise the interest rate on the Bangko Sentral ng Pilipinas’ overnight reverse repurchase facility by 25 basis...

SMC water savings reach 33.8 billion liters

On World Water Day, San Miguel Corp. (SMC) reported that its businesses collectively saved some 33,865,901,000 liters of water from 2017 to 2022--equivalent to...

Just in

Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

Home price growth slows to near six-year low in 4Q 2025

Residential property prices in the Philippines continued to rise in the fourth quarter of 2025, but at a slower pace, indicating a cooling housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).

APECO, InfiniVAN pact targets data center hub

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a memorandum of understanding with InfiniVAN Inc. to accelerate digital infrastructure development, a move officials say could position the ecozone as a competitive destination for data center investments.

Cebu Pacific rolls out discounted seats despite higher airline costs

Cebu Pacific has launched another round of its Super Seat Fest, offering up to 750,000 discounted seats as airlines face rising costs across the industry.
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