Pump price hike defies rollback projections
The various fuel retailers will implement price hikes starting Tuesday, October 8, with gasoline and kerosene prices increasing by P0.20 per liter, and diesel by P0.80 per liter. The adjustments will take effect at 6:00 a.m. for Seaoil, Jetti, and PTT, and at 6:01 a.m. for Caltex.
FNG to launch second tower in Mandaluyong by 2026
Federal Land NRE Global Inc. (FNG), a joint venture between Federal Land Inc. and Japan’s Nomura Real Estate Development Co. Ltd., announced plans to launch the second tower of its Mandaluyong township project, The Observatory, by the first half of 2026.
Keppel’s subsea cable system achieves ready-for-service status
Keppel Ltd. announced on Monday that the Bifrost Cable System has officially reached ready-for-service (RFS) status and is set to begin carrying commercial traffic in the coming weeks.
MPTC eyes P20B from bond sale for tollway expansion
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Metro Pacific Investments Corp., plans to raise up to ₱20 billion through the public sale of fixed-rate bonds.
T-Bill rates climb ahead of BSP decision, inflation data
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
