Tag: oil prices

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Oil prices up third week in a series

Energy & Mining Context.ph Context.ph -
Local oil retailers have implemented a price increase in the cost of petroleum products for a third time in a series.

Petroleum products up by more than P2 per liter

Energy & Mining Context.ph Context.ph -
Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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Growth slows to 2.3% in second quarter, marking weakest pace in 17 years

Economy 0
The economy recorded a 2.3 percent expansion in the second quarter this year, according to data released by the Philippine Statistics Authority (PSA). The performance fell short of market expectations, slowing from the 2.8 percent growth recorded in the first quarter of the year. Excluding the severe disruptions caused by the COVID-19 pandemic, this represents the softest quarterly growth since the fourth quarter of 2009.

Sun Life keeps quarterly dividend unchanged

Banking & Insurance 0
Canada-based insurance firm Sun Life Financial Inc. declared an unchanged quarterly dividend of CAD0.96 per common share, payable on Sept. 29 to shareholders of record as of Aug. 26.

DMCI profit jumps as mining, power offset Maynilad drag

Corporate 0
DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.

Marcos grants PEZA status to Aboitiz Batangas IT hub

Property 0
President Ferdinand R. Marcos Jr. has declared the Aboitiz Group's Biz Hub at Lima Estate in Lipa City, Batangas as a special economic zone, paving the way for the mixed-use development to attract more information technology and business process management (IT-BPM) investments outside Metro Manila.

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