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...
Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.
Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.
Phile Mining Corp. said operations at its Padcal Mine were disrupted following a structural failure at the mill plant over the weekend, dealing a setback to daily production at one of the country’s longest-running mining operations.
Philippine Airlines (PAL) said Monday that it will receive eight Airbus A350-1000 aircraft through 2027 as part of its fleet expansion and efforts to support the country’s tourism industry.