Tag: Cebu Landmasters Inc.

Philippine stocks could face more turbulence toward year-end as a weaker peso, surging oil prices and the prospect of further interest rate hikes raise questions about corporate earnings and investment spending in 2027.

The Philippine Competition Commission (PCC) has warned MERALCO PowerGen Corp. (MGen) and Pilipinas Enterprise Management Holdings Inc. (PEMHI) that paying a P5.8-million penalty does not close the book on their merger compliance, with repeat violations potentially drawing heavier fines or even nullification of their conditional clearance.

The Department of Energy (DOE) is exploring a special Green Energy Auction (GEA) round tailored to boost the country’s resilience against the severe effects of El Niño, Energy Secretary Sharon Garin confirmed on Monday. The proposed initiative would prioritize floating solar installations, which can also help reduce water loss from critical dams and reservoirs during periods of intense heat and drought.

GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.