Top News
Remittances surge in September
Personal remittances from overseas Filipinos (OFs) grew by 3.3 percent in September 2024, reaching a total of USD3.34 billion, up from USD3.23 billion in the same month last year, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
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.
