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Aboitiz Power eyes expanding renewables portfolio with P50B capex for 2024

Aboitiz Power Corp. has set aside as much as P50 billion for next year as capital expenditures.

Metrobank market maker three years in series

Metropolitan Bank & Trust Co. (Metrobank) is recognized by the Bureau of the Treasury (BTr) as Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024 during the celebration of its 126th anniversary. The bank snags the title for the third consecutive time and for helping government in its financing requirements and enhancing Filipinos’ access to investment opportunities.

Agri chief says actions taken to assure supply, affordable prices of rice, sugar, onions

Agriculture Secretary Francisco Tiu Laurel, Jr. assured lawmakers that his agency is closely watching the market and is taking steps to assure sufficient supply of food items at affordable prices, particularly rice, sugar, and onions.

Shell Pilipinas all revved up for EV charging opportunities

Shell Pilipinas Corp. has secured stockholder approval to engage in the business of electric vehicle (EV) charging.

AREIT to acquire 276-hectare Zambales property via share-for-asset swap

AREIT Inc., the listed real estate arm of the Ayala Group, said Wednesday it will acquire a 276-hectare property in Zambales from Buendia Christiana Holdings Corp., a wholly owned subsidiary of ACEN Corp., via property-for-share swap valued at P6.77 billion.

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Fuel price adjustments seen mixed this week amid Strait of Hormuz tensions

Fuel prices will see mixed adjustments again this week, driven by shifting global oil prices tied to tensions in the Middle East, according to a local fuel retailer.

MPTC first-quarter net income down 3% despite higher revenue

Metro Pacific Tollways Corp. (MPTC) reported a 3 percent drop in net income for the first quarter of 2026, totaling ₱2.25 billion from ₱2.32 billion a year earlier, due to rising costs and expenses.

Telco rolls out free wifi in quake-hit areas

PLDT Enterprise rolled out free WiFi in quake-hit areas — General Santos City, Sarangani, Glan, Jose Abad Santos, and parts of Davao Occidental — serving thousands of residents.

Globe accelerates network upgrades in Aklan, Antique under 2026 roadmap

Globe Telecom is stepping up infrastructure and resiliency upgrades in Aklan and Antique to boost connectivity for residents, businesses, schools, hospitals, and government offices amid the growing digital economy.

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