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Crown Asia net income tamed by taxes, moderate revenue growth

Crown Asia Chemicals Corp., a listed manufacturer of plastic compounds, plastic pipes, and other related products, said Wednesday net income last year was 2 percent higher at P228.9 billion, tamed by moderate growth in total revenue and higher income taxes.

Megawide declares P53M cash dividend for preferred shares

Megawide Construction Corp. said Wednesday its board has declared a quarterly cash dividend of P1.325 for each of its series 4 preferred shares. The cash...

CREC breaks ground for 680 MW Batangas solar project

Citicore Renewable Energy Corp. (CREC) on Tuesday finally broke ground at its proposed 680 megawatt solar power plant in Tuy, Batangas.

Contaminants found in water, fish samples in Mindoro

The Bureau of Fisheries and Aquatic Resources (BFAR) on Tuesday bared finding traces of petroleum products in water samples as well as low-level contaminants known as polycyclic aromatic hydrocarbons (PAH) in fish samples in Oriental Mindoro.

PIPPA calls for plant outage rule amendments

The Philippine Independent Power Producers Association (PIPPA) is asking the Energy Regulatory Commission (ERC) to amend the rules governing power plant outages. In its petition,...

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PH, Japan sign loan deals for subway and Mindanao highway projects

The Philippine government and Japan on Friday signed agreements for major infrastructure projects aimed at boosting the country’s economy and improving transportation.

BSP flags fake online article using governor’s identity

The Bangko Sentral ng Pilipinas (BSP) has warned the public about a fraudulent online article that misuses the name and likeness of its governor, Eli M. Remolona, Jr..

New NAIA off-ramp cuts travel time by up to 25 minutes

Motorists heading to Ninoy Aquino International Airport (NAIA) Terminal 3 can now reach the terminal faster with the opening of a new off-ramp connecting the Skyway directly to the NAIA Expressway.

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.
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