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.
Philippine Infradev Holdings Inc. said Wednesday it will discuss with City of Makati some modifications in the P125-billion intra-city subway project in view of a Supreme Court ruling that transferred certain city districts to the jurisdiction of neighboring Taguig City.
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 country’s leading economic minds on Tuesday said the price caps on the rice staple are temporary measures designed to combat cartelization, hoarding and other forms of price manipulation that serve the purposes of only a few vested interests.
Aboitiz InfraCapital Inc., as part of the consortium known as the Manila International Airport Corp. (MIAC), brushed aside on Monday notions that it will bid for the Ninoy Aquino International Airport rehabilitation project only for its own account.
Agriculture Secretary Francisco P. Tiu Laurel Jr. issued a call for creativity and unity within the Department of Agriculture as it faces critical scrutiny over its 2026 budget and proposed legislative reforms in Congress.
D.M. Wenceslao and Associates Inc. (DMW) reported a first-half 2025 net income of P936 million, reflecting steady growth across its rental-driven portfolio.
DoubleDragon Corp., a listed property developer, posted a P2.37 billion consolidated net income for the first half of the year, a 44 percent increase year-on-year, backed by robust property revenues and strategic expansion.
Shell Pilipinas Corp. reported a 44.7 percent decline in net income for the first half of 2025, totaling P965.32 million, down from P1.7 billion in the same period last year, according to its quarterly filing to the Philippine Stock Exchange.