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    PSE adopts two-day clearing cycle

    The Securities Clearing Corporation of the Philippines, wholly-owned subsidiary of the Philippine Stock Exchange Inc., has migrated to a shortened settlement cycle of only two days.  

    Serial hikes push year-to-date gasoline price a tad shy of P15 per liter

    The price of petroleum products rises for the ninth week in a series beginning past midnight Tuesday, 5 September.

    Cebu Pacific reigns supreme in domestic flights; PAL undisputed international carrier

    Cebu Pacific has kept its position and rated as the country's leading domestic airline in the first six months this year, according to the Civil Aeronautics Board.

    Manila, Hanoi seal ethical e-commerce pact

    Ecommerce Thrive Asia-Philippines has teamed up with the largest fintech and e-commerce organization in Vietnam to establish a self-regulatory body ensuring ethical business practices and combat online fraud plaguing the industry. 

    Malacanang appoints former DOF officials to the Monetary Board

    Appointed to a fresh six-year term are Romeo L Bernardo, former undersecretary at the Department of Finance, and Rosalia V. De Leon, who is a third term Treasurer of the Philippines.

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    Meralco rejects DOE claim vs its delayed power supply deal

    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’s 2024 profit dips despite sales growth, expansion push

    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 acquiring control of MerryMart in P1.28-B deal

    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.

    SEC-SM tandem launches videos vs scams

    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.

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