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Ayala sees stronger years ahead despite market uncertainties

Manila, April 25 -- One of the country's largest conglomerates, Ayala Corp.. remains optimistic about the years ahead despite the economic uncertainties globally. In a media briefing in Makati City F... Read More


PH urges multilaterals to boost support for developing economies

Manila, April 25 -- The Philippine government has called on international financial institutions (IFIs) to boost their support to emerging markets and developing economies (EMDEs) like the Philippines... Read More


EPIRA amendment secures Agus-Pulangi hydro rehab - DOE

Manila, April 25 -- Department of Energy (DOE) Secretary Raphael Lotilla on Friday welcomed the 10-year extension of the Power Sector Assets and Liabilities Management (PSALM) Corp. for the domestic p... Read More


PCG awards purchase deal for 40 patrol boats to French firm

Manila, April 16 -- The Philippine Coast Guard (PCG) has granted the Notice of Award to French firm OCEA for the purchase of 40 units of 35-meter patrol boats. In November 2024, President Ferdinand R... Read More


Local index takes dip, peso flat before Holy Week break

Manila, April 16 -- The local index's five-day rally comes to an end, while peso closed flat on Wednesday, the last trading day before the long Holy Week break. The Philippine Stock Exchange index (P... Read More


Meralco ensures stable electricity this Holy Week

Manila, April 15 -- The country's largest power distribution utility, Manila Electric Company (Meralco), has assured customers in its franchise areas of stable and reliable power service during the Ho... Read More


BCDA: 57 km of roads in New Clark City passable this year

Manila, April 15 -- The Bases Conversion and Development Authority (BCDA) on Tuesday vowed to deliver a total of 57.18 kilometers of road networks in New Clark City (NCC), Tarlac by the end of the yea... Read More


Stock market pushes to near 6,200; peso bounces back

Manila, April 15 -- The local stock market continued to rise during Tuesday's trading, nearing the 6,200 mark, with the Philippine peso also returning to the 56 level. The bellwether Philippine Stock... Read More


Gov't raises P135-B in T-bonds auction

Manila, April 15 -- The Bureau of the Treasury (BTr) raised PHP135 billion from the 10-year Treasury bonds (T-bonds) auction on Tuesday amid strong demand from investors. "The issued FXTNs (Fixed Rat... Read More


Big-time oil price rollback this Holy Week

Manila, April 14 -- Consumers can expect significantly lower petroleum prices on Tuesday, a relief for motorists traveling this Holy Week. In separate advisories, Caltex, Cleanfuel, Seaoil and Shell ... Read More