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Regulator extends partial and conditional rate hike for Maynilad

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Maynilad Water Services, Inc. (Maynilad) has been allowed to increase the tariff it charges customers but only as this relates to inflation and not the entire price adjustment mechanism, regulators said on Friday.
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Hawkish Fed, $100 oil keep peso, PSEi under pressure

Markets 0
The Philippine peso and stocks could remain volatile this week as a hawkish US Federal Reserve, crude oil prices above USD100 a barrel and heightened Middle East tensions keep investors cautious.

DA indefinitely suspends raw ube exports to secure planting materials

Agriculture 0
The Department of Agriculture (DA) has indefinitely suspended exports of fresh purple yam, or ube, to shore up scarce planting material as the Philippines seeks to expand domestic production and turn the crop into a bigger export earner.

Mynt IPO likely to price below P10, analysts say

Top News 0
Mynt Inc., the company behind leading fintech platform GCash, may see its upcoming initial public offering (IPO) priced below the stated P10 indicative level, according to market analysts.

Aznar Shipping files IPO to fund expansion

Corporate 0
Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.
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