Commuters back Dizon’s bid to scrap rider caps
Transportation Secretary Vince Dizon’s push to abolish motorcycle taxi rider caps has gained support from commuter advocates, who warned…
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BUSINESS
Business news, markets, economy, and industry coverage from the Philippines — Daily Tribune.
BCDA, companies to assess proposed 40MW power plant, underground ICT network in New Clark City
The Bases Conversion and Development Authority (BCDA) has tapped companies that will help the agency assess a proposed 40-megawatt…
BCDA turns to LNG to cut Clark power costs
The Bases Conversion and Development Authority (BCDA) is exploring a 40-megawatt liquefied natural gas (LNG) power plant in New Clark City…
Ayala Land profit drops 18% despite leasing gains
Ayala Land Inc. (ALI) saw its net income decline 18.2 percent to P17.5 billion in the first nine months of 2026 from P21.4 billion a year…
Maynilad taps ex-MWSS chief to steer growth
Maynilad Water Services Inc. has tapped former Metropolitan Waterworks and Sewerage System (MWSS) chairman Ramon Alikpala to lead its next…
CEB beats industry average in women executives
Cebu Pacific is narrowing aviation’s gender gap, with women holding 41 percent of its executive positions, above the global industry…
$1-M AI push targets higher-value outsourcing jobs
Local technology firm Amihan Global Strategies is investing $1 million to develop a pool of up to 2,000 Filipino artificial intelligence…
October inflation at 7.8% batters household budgets
Filipino households face a worsening cost-of-living squeeze as inflation surged to 7.8 percent in October, with soaring transport costs,…
Ayala Land boosts recurring income, profit hits P17.5B
Ayala Land Inc. (ALI) recorded a net income of P17.5 billion in the first nine months of 2026, supported by growth in its leasing and…
CNPF core income grows 10% despite earthquake losses
Century Pacific Food Inc. (CNPF) posted a 14-percent increase in consolidated revenues to P70.5 billion in the first nine months of 2026,…
Loan growth lifts Chinabank profit to P22.6B
Fueled by robust lending growth and stronger interest earnings despite higher operating expenses, Chinabank booked a 12-percent increase in…
Maynilad nets P12.6B, braces for headwinds
Maynilad Water Services Inc. reported a 10.2-percent increase in net income to P12.6 billion in the first nine months of 2026, but warned…
OceanaGold profit nearly doubles to $95.6M
OceanaGold (Philippines), Inc. nearly doubled its net income to $95.6 million in the first nine months of the year from $49 million a year…
Developers push diesel phaseout to cut bills
Solar power developers are pushing for the accelerated phaseout of diesel-fired power plants in off-grid islands to lower electricity bills…
Philippine recovery remains fragile — BPI
The Philippine economy may finally break its four-quarter slowdown in the third quarter of 2026, but the anticipated rebound is unlikely to…
Metrobank posts P36.3B profit loans surge 13%
Metropolitan Bank & Trust Co. (Metrobank) posted a net income of P36.3 billion in the first nine months of 2026, supported by double-digit…
Aseana City properties drive DMW’s P1.25B earnings
D.M. Wenceslao and Associates Inc. (DMW) recorded a net income of P1.25 billion in the first nine months of 2026, supported by the steady…
OceanaGold declares third-quarter dividend after $28M profit
OceanaGold (Philippines) Inc. reported a net income of $28 million in the third quarter of 2026 and declared a dividend of $0.0114 per…