The Department of Transportation is keeping its hands off on the impending modifications to the P125-billion Makati Subway project following the decision of the Supreme Court to transfer the 10 EMBO barangays to the jurisdiction of Taguig City.
The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in September. Initial indications point to a higher generation charge during the period.
The international e-commerce company Lazada Group on Wednesday said it is investing more in its Philippine operations to meet the rising demand from Filipino online shoppers.
Seven out of 10 Filipinos plan to travel abroad at least once in the next 12 months, according to GrabAds, the advertising arm of Southeast Asian (SEA) superapp Grab.
The Philippines suffers from a stagnant equities market often ignored by wealth-chasing foreign investors mostly on account of cost considerations rather than on the quality of company stocks traded at the Philippine Stock Exchange (PSE).
The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.