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El Niño could throw off forecast 2023 inflation, Moody’s unit says

Experts consider the El Nino weather disturbance as aggravating factor to high inflation that could throw off expectations of moderating consumer prices in the waning months of the year.

Scheduled Friday inquiry into rice tariff cuts a sham – FFF

The Federation of Free Farmers (FFF), acknowledged as the country's largest and most effective group of rural farmers, fears the inquiry into the proposal to reduce the tariff on rice is nothing more than a sham show. 

Microgrid auction guidelines out soon – DOE

The Department of Energy (DOE) is about to complete the guidelines under which so-called microgrid service areas will be sold to investors at auction.

SRA to deploy Japanese farm machinery for sugar growers

Japan has extended the Philippines a grant worth P314 million in the form of farm equipment that will benefit the country's sugar workers.

PCC revisits Robinsons Retail pharmaceutical acquisition

The Philippine Competition Commission (PCC) is taking a second look at the acquisition of Visayas-based Rose Pharmacy by Robinsons Retail Holdings Inc.

Just in

Aboitiz InfraCapital, Panglao seek closer ties to boost tourism experience

Aboitiz InfraCapital Inc. (AIC) and the Municipality of Panglao are exploring closer coordination to improve the visitor experience in one of Bohol’s busiest tourism destinations, building on upgrades at Bohol-Panglao International Airport (BPIA).

GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.
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