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SMC removes over 9.12 million metric tons of waste from major rivers since 2020

San Miguel Corporation (SMC) said Thursday its river cleanup program has removed more than 9.12 million metric tons of silt, garbage, and debris from major waterways across the Philippines since 2020. The work is part of its voluntary flood-control effort, called the Better Rivers PH initiative, and is being done at no cost to the government.

ASEAN ramps up grid, fuel pact cooperation

Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.

Ayala Land leans on recurring income growth 

Ayala Land Inc., one of the country’s largest property developer, reported first-quarter 2026 net income of P5.4 billion on revenues of P37.5 billion, as the property giant sharpened its focus on recurring income streams and disciplined capital deployment amid a more cautious operating environment.

PEZA office shortage squeezes Metro Manila options

The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.

Ignite Power: Let SOCOTECO MCOs decide on proposed JV

Ignite Power, a partnership of Razon-led Primelectric Holdings Inc. and Manny Pacquiao's MP Holdings, today (April 30, 2026) said no formal negotiations are ongoing for its proposed joint venture with South Cotabato II Electric Cooperative (SOCOTECO II), stressing that the final decision should rest with the cooperative’s member-consumer-owners (MCOs).

Just in

RRHI profit drops 35% in Q1 on higher costs

Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

Fuel prices seen rising again next week

A local fuel retailer said gasoline and diesel prices iare likely to increase again next week due to ongoing tensions between the United States and Iran.

Stronger dry-season rice harvest expected as palay prices recover

The Department of Agriculture (DA) expects a stronger rice harvest this dry season, helped by the recent increase in palay (unmilled rice) prices.

S.P. Madrid taps PLDT Enterprise for nationwide push

Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.
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