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Short selling platform seen launched in three weeks

The Philippine Stock Exchange (PSE) expects to officially open its short-selling platform by 23 October.

ERC considers removing price ceilings under GEA3

The Energy Regulatory Commission (ERC) is considering the removal of price caps at the third Green Energy Auction (GEA3).

Government removes rice price caps 

President Ferdinand Marcos Jr. on Wednesday announced the lifting of price caps on rice 29 days after first imposing the measure covering both the regular milled and well-milled staple. 

SMIC projects greater 2023 earnings contribution from investment portfolio

SM Investments Corp., the holding firm of the Sy family, on Wednesday projected accelerated contribution from its portfolio of investments that range from logistics to power firms.

IMF commends Manila’s post-pandemic economic performance 

The International Monetary Fund (IMF) has commended the Philippines for its handling of the economy following the conclusion of the latest round of annual visits known as Article IV consultations. 

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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