SEMIRARA MINING and Power Corp. posted a 53% year-on-year decline in third-quarter net income to P1.48 billion, as weaker global coal and electricity prices offset higher production and sales volumes.
THE PHILIPPINE ECONOMY likely cooled in the third quarter as soft government spending, typhoons and corruption scandals ...
PHILIPPINE MANUFACTURING activity rebounded in October, despite a further drop in new orders and output, according to S&P Global.
THE PHILIPPINES’ INDUSTRY sector — including manufacturing and construction — may have slumped to its lowest level in recent years, dragging third-quarter economic growth, Economy Secretary Arsenio M.
ABOITIZ POWER CORP. (AboitizPower) said its unit East Asia Utilities Corp. has decommissioned a 12.4-megawatt (MW) diesel generator unit in Cebu after concluding that the facility was no longer viable ...
THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it offered on Monday, with yields ending mostly slightly higher as Philippine headline inflation likely picked up last month. The ...
PHILIPPINE COMPANIES should boost investments in mobile app security as cybercriminals increasingly exploit artificial intelligence (AI) tools to bypass traditional defenses, according to ...
LANDBANK continues to make agricultural financing more accessible with the integration of online applications under the AGRISENSO Plus Lending Program.
PHILIPPINE BANKS expect to keep their lending standards largely unchanged this quarter as they expect steady credit demand from both businesses and households, a survey by the Bangko Sentral ng ...
YUCHENGCO-LED Bugallon Green Energy Corp. has secured a P826-million loan from Rizal Commercial Banking Corp. (RCBC) to fund the construction of its 25-megawatt (MW) solar power project in Bugallon, ...
ONE VENUE immediately comes to mind for those recalling enjoying live music in the southern part of Metro Manila. Standing tall after over two decades of welcoming artists, bands, and music lovers ...
EAST WEST Banking Corp.’s (EastWest Bank) net income climbed by 14% year on year to P6.6 billion in the first nine months on higher revenues from its core businesses. This translated to a return on ...