Higher generation charge push Meralco rates up in October
The Manila Electric Company (Meralco) announced Wednesday an upward adjustment of P0.4201 per kWh in the October electricity rate, bringing the overall rate for a typical household to P11.8198 per kWh this month from P11.3997 per kWh in September.
DMCI lifts total cash dividend payout for 20243 to P19.1B
DMCI Holdings, Inc., a listed construction group, said Wednesday its board approved a special cash dividend of P0.72 per share for its shareholders on record as of 24 October.
Central Azucarera de Tarlac unit selling 200-hectares to Aboitiz Group
Listed sugar mill Central Azucarera de Tarlac, Inc. said Wednesday its board has approved the proposed sale of a 200-hectare property by its wholly-owned subsidiary Luisita Land Corp.
House leaders repurpose intelligence funds as inflation-fighting programs
House leaders have set aside a portion of the P1.23 billion intelligence fund under next year's proposed budget into programs that help defeat inflation.
Seven-month FDI weaker at only $4.7B
Foreign direct investments (FDI), the kind that stays for the long haul, proved weaker in the January-to-July period this year to $4.7 billion from $5.5 billion last year, the Bangko Sentral ng Pilipinas said on Tuesday.
