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Vista Land income rises 70% in 9 months on higher home sales

Vista Land and Lifescapes Inc., the property development arm of the Villar group, reported income over nine months this year growing 70 percent to P8.21 billion from last year’s P4.82 billion.

Toll rate adjustment, vehicle volume push 9-month NLEX Corp income 24% higher

NLEX Corp. on Thursday reported net income growing 24 percent in the first nine months this year, driven by traffic recovery and increase in toll rates. 

Monetary Board maintains policy settings

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday kept its policy settings unchanged as projected, having made a surprise off-cycle adjustment two weeks earlier to keep inflation from getting disanchored. 

Filinvest secures shelf registration of fixed-rate bond; initial offer P10B

Filinvest Land, Inc. told the Philippine Stock Exchange on Thursday it has secured shelf registration for P35 billion worth of peso-denominated fixed-rate bonds. The property...

Repower commissions 1.4MW run-of-river facility in Quezon

Repower Energy Development Corp., the listed pure hydropower subsidiary arm of Pure Energy Holdings Corp., said Thursday it has successfully commissioned its newest run-of-river...

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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