Globe Telecom on Monday reported selling 181 telecommunications towers to MIESCOR Infrastructure Development Corp. for P2.17 billion, completing 1,529 of the 2,180 it committed to MIDC.
The various retailers roll back across the board the price of fuel at the pumps beginning midnight Tuesday, 30 April, and only a week following an increase in gasoline prices and a reduction in diesel and kerosene.
The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.
Union Bank of the Philippines on Monday reported net profit of P2 billion in the first, a sharp drop from the P3.4 billion the lender posted in the same period last year.
Toyota Motor Philippines Corp. (TMP) has introduced a locally manufactured Modern Public Utility Vehicle (MPUV) version of the Tamaraw, offering transport operators financing packages with estimated daily payments starting at P1,109 as the company enters the public transportation market.
Cebu Landmasters Inc. has sold nearly 70 percent of the units at its Casa Mira Prime Ormoc housing development within two weeks of its public launch, extending the Visayas-based developer’s run of strong sales in the Leyte city.
The Philippines is exploring Norway’s deposit-return system for beverage containers and advanced recycling technologies as it seeks to close gaps in plastic waste recovery and help businesses meet obligations under its Extended Producer Responsibility (EPR) law.
Alsons Power Group is accelerating its renewable energy expansion as Mindanao confronts a narrowing electricity supply buffer, with projections pointing to the potential exhaustion of excess generation capacity by 2028 amid sustained demand growth.