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Over 6,000 hectares of crops at risk from Mayon unrest

As much as 6,182 hectares (ha) of crops may be affected by Mayon Volcano’s unrest now under the more intensified alert level 3, according...

ACEN appoints chief strategy officer as new finance chief effective Jan 1

ACEN Corp., the energy arm of the Ayala Group, said Thursday its board has appointed Jonathan Back, currently chief strategy officer, as chief finance...

Partially opened Maynilad facility on track to full operations by September

West Zone concessionaire Maynilad Water Services, Inc. is on track to fully operate the P2.1 billion Anabu modular treatment plant (ModTP) by September and...

Office space lease seen matching last year’s contracts

The likelihood is strong for the office rental segment to secure around a million square meters of space this year and match last year’s...

Angat Dam water allocation may be cut

The National Water Resources Board (NWRB) on Wednesday acknowledged the likelihood of a cut in water allocation from Angat Dam and strengthened the possibility...

Just in

Government to fund NCR wage hike for small firms

The government will subsidize the P60 daily wage increase for eligible small businesses in Metro Manila for three months, as authorities seek to help employers manage higher labor costs while protecting jobs and business operations.

Blu Girls rally past South Korea, keep semifinal hopes alive

The Blu Girls had already endured two painful reminders that Asian Games softball offers little room for sentiment. After a 0-10 loss to Japan and a 1-10 defeat to Taipei, the Philippines needed something more than consolation.

DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.
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