Marcos vows to ramp up spending
PHILIPPINE President Ferdinand R. Marcos, Jr. on Thursday pledged to ramp up government spending in the fourth quarter, as a corruption scandal contributed to...
Approved investment pledges plunge 49% in Q3
APPROVED foreign investment pledges plunged nearly 50% in the third quarter as investor sentiment soured due to the corruption scandal involving government infrastructure projects,...
Finance Usec. Mendoza takes over BIR
By Chloe Mari A. Hufana, Reporter
PRESIDENT Ferdinand R. Marcos, Jr. has appointed Finance Undersecretary Charlito Martin R. Mendoza as the new commissioner of the...
SEIPI urges gov’t to help sector as it loses competitiveness
By Justine Irish D. Tabile, Reporter
THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is seeking government support for the sector as...
MPIC, Villar group in initial talks for PrimeWater deal
HONG KONG — Metro Pacific Investments Corp. (MPIC) has started evaluating the potential acquisition of Villar-led PrimeWater Infrastructure Corp., as it reviews the company’s...
ACEN Corp. plans over P80-billion capex for 2026
ACEN CORP., the listed energy platform of the Ayala group, plans to allocate more than P80 billion in capital expenditures (capex) next year to...
Villar Land sets final property fair value at P52.74B, down from P1.33T
VILLAR LAND Holdings Corp. has set the final audited fair value of its newly acquired properties at P52.74 billion, according to its 2024 annual...
Maynilad posts P3.9-B Q3 net income, up 16% on higher revenues
FOLLOWING its stock market debut, Maynilad Water Services, Inc. reported a 16% increase in third-quarter (Q3) net income to P3.9 billion, driven by higher...
JG Summit Q3 core profit climbs to P4.6 billion on airline, real estate...
JG SUMMIT Holdings, Inc. posted a core net income of P4.6 billion for the third quarter (Q3), up from P2.1 billion a year earlier,...
Ayala Corp. Q3 income nearly doubles to P22.91 billion
AYALA CORP. booked a 96.16% increase in its third-quarter (Q3) attributable net income to P22.91 billion, up from P11.68 billion a year earlier.
In a...
Now a senior bagets: Raymond Lauchengco stages 60th birth-day concert
TO celebrate turning 60, Raymond Lauchengco is showing his gratitude to all those who have supported him throughout the years with a grand birthday...
MPTC secures approval for P15-B bond offering
PANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) has secured approval from the Securities and Exchange Commission (SEC) for its P15-billion fixed-rate bond offering.
In a media...