Tag: HSBC

Petron Corp. remained profitable in the first nine months of 2026, but net income fell 44 percent to P5.4 billion as higher crude costs, freight, and import premiums squeezed margins amid a volatile oil market.

The Land Transportation Franchising and Regulatory Board (LTFRB) is investigating one of the country’s motorcycle taxi platform operators accused of enrolling more riders in its system than the government has approved. In an official statement, the agency confirmed that legal proceedings are ongoing, which limits what additional details it can share about the case.

Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.

Manila Electric Co., the listed power company led by Manuel V. Pangilinan and more popularly-known as Meralco, has launched its own media and information literacy initiative, urging employees and stakeholders to apply greater scrutiny to the information they consume and share as misinformation becomes harder to separate from legitimate news.