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Inflation rises to 4.4 percent in July

The headline inflation rate accelerated to 4.4 percent after tapping on the brakes in June, when the year-on-year increase in the consumer price index...

Meralco affiliate keen on adding 600 MW to its Singapore power plant

The Pacific Light Power Pte Ltd (PLP), a Manila Electric Co. (Meralco) affiliate company, is interested in putting up a 600-megawatt natural gas-fired power facility in Singapore.

SM Prime first-half consolidated income rises 13%

Shopping mall operator SM Prime Holdings Inc. on Monday reported first-half consolidated net income this year of P22.1 billion or 13 percent higher than only P19.4 billion last year.

MPTC buys government stake at NLEX for P2.5 billion

Metro Pacific Tollways Corporation (MPTC) on Monday reported buying the 2.61-percent government stake in NLEX Corp. for P2.5 billion.

55 million Metro Global shares transferred to Hong Kong investor Smart Share

Metro Global Holdings Corp. (MGH), a subsidiary of Fil-Estate Management Inc., has executed a share transfer deal with Smart Share Investments Ltd., a Hong Kong-based investor, as part of a partial settlement for loans made to FEMI.

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Vena Energy commits P245.3B to Philippine industrial growth

Singapore-based Vena Energy is advancing P245.3 billion in renewable energy investments in the Philippines, with plans to develop an additional 2.6 gigawatts-peak (GWp) of capacity to meet rising power demand and support industrial expansion.

₱150 plastic tax may raise costs across Philippine economy

A proposed P150-per-kilogram excise tax on single-use plastics could increase costs across the Philippine supply chain, with potential consequences for consumers, small businesses and manufacturers, according to the Philippine Plastics Industry Association (PPIA).

BSP rate call, GCash IPO set tone for volatile market

Philippine stocks enter Monday caught between the promise of...

Wang wins SJM Macao Open in playoff after last year’s heartbreak

Chinese-Taipei’s Wang Wei-hsuan gained redemption at the $1-million SJM Macao Open, defeating Korean star Sungjae Im in a playoff to claim his first Asian Tour title at Macau Golf & Country Club.
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