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Regulator extends partial and conditional rate hike for Maynilad

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.

Just in

ICTSI net income rises 20% to $899M in Jan-Sep

Contributions from newly added terminals and stronger trade activity across Asia and the Americas lifted International Container Terminal Services Inc. (ICTSI)’s net income by 20 percent to USD898.89 million in the first nine months of 2026, as higher operating income offset rising costs.

Shell Pilipinas narrows Jan-Sep net loss to P929M on Q3 profit

Shell Pilipinas Corporation narrowed its net loss to P929 million in the first nine months of 2026 from P2.7 billion at the end of the first half, as it returned to positive core earnings in the third quarter.

El Niño agricultural damage hits nearly P10B, threatening food security and farm incomes

Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.

Alliance Select posts $11.37M loss as revenues slide 

Tuna processor and exporter Alliance Select Foods International Inc. swung to a consolidated net loss of USD11.37 million in the first nine months of 2026 from a USD2.36-million profit a year earlier, as lower fish supplies, elevated raw material costs, and earthquake-related damage weighed on operations.
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