Motorists and enterprises will once again face higher fuel costs this week, as local oil companies announce another round of price hikes amid volatile global crude markets and currency headwinds.
SM Prime Holdings Inc., the country's largest integrated property developer, posted a record high first-half net income of P24.5 billion, marking an 11 percent increase from P22.1 billion year-on-year, driven by robust rental income, residential sales, and rising ancillary revenues.
PLDT Inc. and its wireless arm, Smart Communications, are ramping up efforts to support the government’s digitalization drive by collaborating with key agencies to dismantle regulatory barriers and fast-track infrastructure rollout, especially in underserved areas.
The Manila Electric Co. (Meralco), the country’s largest power distributor, has signed a 20-year power supply agreement (PSA) with First Quezon Biogas Corp. (FQBC) for 1.25 megawatts (MW) of renewable energy sourced from a biogas facility in Candelaria, Quezon.