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SMPC declares regular, special cash dividends; eligible shareholders to receive P3.50/share

In a special meeting held today, the board of directors of Semirara Mining and Power Corporation approved a regular cash dividend of P1.50 per share and a special cash dividend of P2.00 per share, which amounts to P3.50 per share.

Finance chief wants lower GDP growth target, expects BSP rates to stay “higher for longer”

Finance Secretary Ralph Recto said late Thursday he will recommend a downgrade of the economic growth targets to the interagency Development Budget Coordination Committee, seeking to ease pressure on government finances amid geopolitical concerns and inflationary pressure that would keep interests rates "higher for longer.”

GT Capital earnings in 2023 driven by bank, car sales, property units

GT Capital Holdings, Inc., the listed investment holding company of the Ty Group,  said Friday it consolidated net income last year surged 57 percent to P28.7 billion, driven mainly by its banking, car sales and property units.

China-funded Kaliwa Dam now 30 percent complete

The construction of the Kaliwa Dam in the provinces of Rizal and Quezon is now 30 percent complete, according to the Metropolitan Waterworks and Sewerage System (MWSS).

DA orders transfer of suspended warehousemen’s authority

The Department of Agriculture has ordered the transfer of authority of suspended NFA warehousemen to their deputies to facilitate the reopening of closed NFA warehouses. 

Just in

GIGIL leaders honored for bold, distinctly Filipino creativity

GIGIL partners Badong Abesamis, Herbert Hernandez, and Jake Yrastorza have been recognized at The Business Manual CEO Awards 2026 in Bonifacio Global City, Taguig, for their bold, unconventional, and uniquely Filipino approach to creativity. The three were among 10 visionary leaders celebrated at the event, which carried the theme “Recognizing Vision. Celebrating Leadership. Shaping What’s Next,” honoring trailblazers and change-makers across various industries.

LG opens new HVAC Academy and Innovation Center in Pasig, bringing advanced building solutions closer to Filipino users

LG Electronics Philippines has officially launched its new HVAC Academy and Business Innovation Center (BIC) in Pasig City, creating a dedicated space to boost knowledge and showcase the brand’s latest technologies. The facility serves as a hub for engineers, contractors, architects, and business partners to sharpen their skills and experience LG’s commercial solutions directly. It combines hands-on technical training with live demonstrations covering smart building systems, information displays, IT tools, and commercial laundry technologies.

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice 

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice Corporate bulletin After years of keeping its main activities centered in Metro Manila, the Public Relations Society of the Philippines (PRSP) is making history this October 14 as it returns to Cebu and names its first-ever Visayas Regional Chair in its 69-year existence. Titled “STEWARDING PRSP: Amplifying Voices, Building Trust,” the one-day event will gather PR and communications professionals, government and corporate leaders, educators, and students to push for stronger regional representation, better professional standards, and truthful, responsible communication across the country. Doris Isubal-Mongaya, founder and chief executive officer of PRWorks Inc., will officially take on the role of PRSP Visayas Regional Chair — a milestone meant to give Visayas-based practitioners a clearer, louder voice within the national PR community. New members from the region will also be formally inducted into the society during the gathering. “PR cannot be Manila-centric if we want to build a stronger profession,” said PRSP President Ana Pista, APR. “The stories, challenges and expertise of our regions must be part of the national conversation. This is what it means to steward PRSP.” The event will run across two venues. The morning session, from 8:30 a.m. to noon at Event Screen 2 on the third floor of SM City Cebu, focuses on advancing professional practice through the PRSP Professional Development Program. Topics will cover measuring communications effectiveness, handling crises, and communicating responsibly — including the ethical use of artificial intelligence — led by industry experts Jeremiah Rodrigues of CARMA, Paul Michael de Quiros of Full Circle Communications, and Pista herself. This session is open to government and corporate professionals with a registration fee of ₱2,000. In the afternoon, the program shifts to the THINKaMuna: Media and Truth Forum, held from 1 p.m. to 5 p.m. at the Cube Wing Atrium of SM Seaside City Cebu in partnership with MediaQuest Holdings Inc. and THINKaMuna Pilipinas. The free public forum will tackle the spread of misinformation and disinformation and their impact on public trust. Speakers include Mon Isberto of MediaQuest and THINKaMuna Pilipinas, Bea Coronel of TikTok Philippines, and closing remarks from Pista. It is open to all students, educators, and industry practitioners. This Cebu gathering marks a key step in PRSP’s broader push to expand its regional footprint — bringing professional training, leadership opportunities, and advocacy closer to those working outside Metro Manila. The event is made possible through the support of sponsors PMFTC Inc., Meralco, and CARMA.

Analyst flags P1M card charges in Duterte impeachment trial

A forensic financial analyst on Friday identified more than P1 million in credit-card transactions involving retail stores and a restaurant in Japan, Malaysia, and the Philippines during proceedings in Vice President Sara Duterte’s impeachment trial, as House prosecutors scrutinized the financial records of Duterte and her husband, lawyer Manases Carpio.
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