Monde Nissin faces noodle squeeze as premium rivals gain ground
For a country where instant noodles are practically a household staple, selling more of them should be a relatively straightforward business. But the recipe for growth is getting more complicated for Monde Nissin Corp.
DOT seeks NAIA turboprop return, airport fee cuts to lower fares
The Department of Tourism (DOT) is pushing for the return of turboprop flights to Ninoy Aquino International Airport (NAIA) and the waiver of airport fees, arguing that high transportation costs are making domestic travel increasingly expensive and undermining tourism growth.
ERC approves mid-merit gas auction rules
The Energy Regulatory Commission (ERC) has formally approved the implementing rules governing the Department of Energy’s Mid-Merit Natural Gas Capacity Auction Program, while also opening for public consultation a new secondary price cap designed to rein in excessive costs in the country’s reserve and ancillary services market.
Eala’s HK Open final ends in heartbreak, but ranking soars
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Fuel prices set for big drop this week
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
