Thursday, 01 May 2025, 6:29 pm

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    Top Line gears up for P2.75B IPO as Central Visayas economy surges

    Cebu-based fuel retailer Top Line Business Development Corp. is gearing up for its public debut with an initial public offering (IPO) aimed at raising up to P2.75 billion to fund its ambitious expansion in the thriving Central Visayas economy.

    Cebu Pacific navigates rough skies: Q3 losses weighed down by costs, but revenue soars 11%

    Cebu Air, Inc., the parent company of Cebu Pacific, reported net income of P3.4 billion in the first nine months of 2024, down 33 percent from the same period last year.

    Globe prepares for Typhoon Ofel amid ongoing storm recovery efforts

    Globe Telecom is on high alert as Typhoon Ofel threatens to cross Luzon, prepositioning essential supplies and personnel in affected areas. With backup power generators and batteries in place for potential outages, the company is ensuring its network resilience and quick restoration in the face of severe weather.

    Meralco power rates up in November on weaker peso

    Manila Electric Co., the country’s largest power disturber better known as Meralco, on Tuesday said power rates in November will be higher as generation charge increased due primarily to a depreciation of the peso against the U.S. dollar.

    BSP orders GCash to resolve unauthorized deductions

    The Bangko Sentral ng Pilipinas (BSP) has intervened in the ongoing issue of unauthorized deductions from GCash accounts, directing G-Xchange, Inc. (GXI) to swiftly address the problem and expedite refunds for affected users.

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