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Meralco posts slight profit growth in Q1 2026 despite lower energy sales

The Manila Electric Co. (Meralco) reported a modest 2 percent increase in core net income for the first quarter of 2026, reaching P11.4 billion from P11.17 billion in the same period last year.

SMPC plans “sustainable mine strategy” as Semirara coal contract nears expiry

Semirara Mining and Power Corp. (SMPC) says it is preparing a sustainable mining plan as it seeks to continue operating the Semirara coal resource in Antique, even as the government moves ahead with a bidding process for the site.

Gasoline, diesel prices up; kerosene down

Motorists will see mixed fuel price changes this week, with gasoline and diesel prices going up slightly, while kerosene continues to get cheaper.

Airports in Eastern Samar Operational After 6.1 Quake — CAAP

The Civil Aviation Authority of the Philippines (CAAP) said Monday that all airports in Eastern Samar and nearby areas remain open and safe after a magnitude 6.1 earthquake on May 4.

A. Brown secures investment grade for maiden bonds

A Brown Company, Inc. has secured an investment-grade credit rating ahead of its planned maiden bond issuance, signaling market confidence as it taps debt markets to fund expansion across real estate and renewable energy.

Just in

Peso slide to P63 vs USD, spur costs, inflation risks

The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

DTI assured stable prices, supplies ahead of Christmas

The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.
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