AirAsia Philippines on Wednesday announced plans to deploy more aircraft in a "reactivation" program it hopes to complete by the third quarter this year as it flies to more domestic and international destinations.
Manila Electric Co. or Meralco, the country’s largest power distributor, said Wednesday the South Premiere Power Corp. offer to provide 1,200 megawatts of power has been selected as the “best bid” among three others under the government-mandated competitive selection process (CSP).
Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Wednesday it has secured regulatory approval for the issuance of peso-denominated, fixed-rate bonds that would initially raise as much as P10 billion to support the company’s various spending and investment requirements.
Damage to the agriculture sector attributed to a weather phenomenon known as the shear line has reached P78.14 million, according to the Department of Agriculture (DA).
The National Telecommunication Commission (NTC) on Tuesday placed Sonshine Media Network International, (SMNI) under an indefinite suspension order for defying an earlier 30-day suspension...
San Miguel Corp. (SMC) has suspended toll fees for marked government vehicles engaged in relief and recovery operations in areas hit by Typhoon Uwan. The move supports President Ferdinand R. Marcos Jr.’s directive to ensure unhindered movement of responders across Luzon.
Net foreign direct investments (FDI) into the Philippines stayed positive in August 2025, although inflows declined by 40.5 percent to US$494 million from US$830 million a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.
Households across Metro Manila and nearby provinces will face slightly higher electricity bills this month as the Manila Electric Co. (Meralco) raised its rates by P0.1520 per kilowatt-hour (kWh).