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PXP Energy widens first half net loss to P11.2 million

PXP Energy Corp. widened its net loss in the first six months to P11.2 million from last year's P6.3 million on the back of higher costs and expenses. It reported...

Six-month Balai ni Fruitas income rises 68%

Balai ni Fruitas Inc. reported income over six months rising 68 percent to P25 million from last year’s P15 million.  It claimed keeping the growth...

Winning NAIA bidder required to spend P130 billion over five years

Whoever gets to snag the rehabilitation program of the Ninoy Aquino International Airport (NAIA) should also commit to spend P130 billion over a five-year...

Seven-month IPR program yields P21.3 billion in illicit goods intercepted by BOC

The first seven months have proven tough on customs personnel under Bureau of Customs Commissioner Bienvenido Y. Rubio whose enforcement of intellectual property rights...

P600 million at the ready to help assess other big-ticket rail lines

The Department of Transportation (DOTr) has set aside P600 million to assess the commercial viability of a set of big-ticket railway projects.  Transportation Secretary Jaime...

Just in

Telcos vow cooperation with NTC over service crackdown, even as they cite independent performance ratings 

The country’s three major mobile network operators have pledged to work with the National Telecommunications Commission (NTC) following the regulator’s September 24 show-cause order, which threaten daily fines of P100,000 each over persistent poor mobile broadband services in key parts of Metro Manila.

Alternergy raises P2B in maiden notes issue

Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.

SEC greenlights structured warrants, opening new investment avenues 

The Securities and Exchange Commission (SEC) has formally introduced structured warrants, launching a new set of rules that expands the range of products available to investors nationwide.

Treasury sets 6.875% coupon for new retail bonds

The Bureau of the Treasury (BTr) is offering a 2.5-year retail treasury bond at a 6.875 percent coupon, giving individual investors a relatively high fixed-income option as the government taps strong demand for its latest retail debt issue.
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