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Fuel retailers cut the price of oil products at the pumps

Fuel oil price at the pumps ease beginning Tuesday as the various retailers cut back on the price of the commodity.

Concepcion Industrial to bring Shark and Ninja brands in PHL 

Concepcion Industrial Corp. on Monday bared forging a strategic partnership with JS Global APAC Pte Ltd. for the exclusive distribution of Shark and Ninja household appliance products in the Philippines. 

Po, Gokongwei families buy out Singapore wealth fund in Shakey’s

The Po and Gokongwei families jointly owning Shakey’s Pizza Asia Ventures Inc. on Monday acquired the entire shareholdings of the Singaporean sovereign wealth fund GIC Pvt Ltd. 

AirAsia acquiring more staff ahead of ramped up 2024 air travel

AirAsia Philippines on Monday bared expanding its workforce to augment the projected growth in domestic and international travel in 2024. 

T-bills yield up at auction; market awaits central bank action

Treasury bill (T-bill) yields were higher at the auction Monday as markets await clearer monetary policy direction from the central bank after September inflation...

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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