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Meralco poised for record performance with 17% income surge in 9 months

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The Manila Electric Co. (Meralco) on Monday announced a robust 17 percent increase in core net income for the first nine months of 2024, reaching P35.1 billion versus only P30.02 billion in the same period last year.

PSE projects capital raising of up to P150B in 2025

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The Philippine Stock Exchange Inc. (PSE) is projecting significant growth in capital raising, anticipating totals between P140 billion and P150 billion in 2025, buoyed by several high-profile initial public offerings (IPOs).

IMFC calls for global economic reforms

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The International Monetary and Financial Committee (IMFC), chaired by Muhammed Aljadaan, Saudi Arabia's Minister of Finance, on Friday in Washington DC underscored the urgent need for global economic policies aimed at achieving a soft landing and breaking away from the current low growth-high debt trajectory of member countries of the International Monetary Fund. 

Filipinos see private sector as key to economic growth -Pulse survey

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A recent Pulse Asia survey commissioned by the Stratbase Group reveals that a majority of Filipinos believe the private sector significantly contributes to expanding livelihood opportunities and making goods more affordable. 

Telcos under pressure as Typhoon Kristine batters PH

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In response to the disruptive impact of Typhoon Kristine (international name: Trami), the National Telecommunications Commission (NTC) has issued a directive to the country’s telecommunication providers to ensure uninterrupted service during the storm's aftermath.
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AXON lease signals Makati office market strength 

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Demand for premium office space in Makati remains resilient despite evolving workplace trends, with AXON Group securing a long-term lease for a property formerly known as Teleperformance Center Ayala, reinforcing confidence in the country’s premier business district.

Philippines, Vietnam ink 19 deals to deepen ties

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The Philippines and Vietnam signed 19 agreements spanning defense, trade, tourism, technology, education, and energy on Monday, translating their newly elevated Enhanced Strategic Partnership into a broad slate of government and business initiatives.

Aboitiz deepens Vietnam push across key sectors

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The Aboitiz Group is ramping up its Vietnam expansion, leveraging investments in energy, food security, and infrastructure as economic ties between Manila and Hanoi gain momentum under a deepening bilateral partnership.

Senator Estrada claims politics behind plunder case

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Senator Jose 'Jinggoy' Estrada on Monday maintained his innocence in the plunder charges filed against him, alleging that the case is part of a political effort to weaken the Senate bloc aligned with Vice President Sara Duterte. Estrada claimed he had received several offers to have the plunder and graft cases dropped if he agreed to leave the new Senate majority coalition but rejected them. Estrada said he cannot sacrifice the independence of the Senate to improve my personal circumstances. The beleaguered lawmaker framed the plunder case as an assault on the autonomy of the Senate, which “must remain free from political coercion, free from undue influence, and free from any scheme designed to weaken its constitutional role as a co-equal and independent branch of government.”

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