The Manila Electric Co. (Meralco) posted a 10 percent increase in consolidated core net income for the first half of 2025, reaching P25.54 billion from P23.21 billion a year earlier, driven by robust growth in its power generation business.
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
The Philippine Competition Commission (PCC) said that fewer than 100,000 mobile users, or only 0.10 percent of subscribers, have availed of the Mobile Number Portability (MNP) service since its launch in September 2021, falling far short of expectations and international benchmarks.