FDC profit hits P3.9B despite weak power unit
Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
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Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
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‘The advantage of placing your investments in PEZA is predictability, safe and sound business environment, one stop-shop for ease of doing business, and…
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Aboitiz InfraCapital is promoting easier access to some of the country’s major cultural festivals through its airport network as the Philippines celebrates…
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Summers still on, and the heat is scorching. There seems to be no let up on the humidity and crazy heat index that makes you work up a sweat just by sitting…
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National Grid Corporation of the Philippines on Wednesday issued the country’s first red alert for 2026 as consumers in Luzon and the Visayas may experience…
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The reduction will be reflected in electricity bills nationwide, as distribution utilities — including Manila Electric Co. and electric cooperatives — pass on…
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National Grid Corporation of the Philippines on Wednesday said the overall transmission rate for May 2026 has been reduced and will be reflected in consumers’…
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More than 200,000 customers across parts of the Manila Electric Co. (Meralco) franchise alone in Luzon experienced rotating power interruptions on Wednesday…
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Filinvest Development Corp. (FDC) is consolidating its Cebu hospitality assets under subsidiary Filinvest Hospitality Corp. (FHC) through a P2.4-billion…
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Cebu Pacific (CEB) posted a net loss of P400 million in the first quarter of the year, reversing a P466 million net income a year earlier due to non-core…
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Ayala Corp. (AC) saw its first-quarter net income slip 5 percent to P12 billion from a year ago, dragged by weaker property earnings and the absence of last…
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SM Prime Holdings, Inc. (SM Prime) is betting on Cebu’s growth with the June opening of the SM Seaside Cebu Arena, its second arena development after the SM…
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The local government Cebu City and the Cebu Chamber of Commerce and Industry announced plans Monday to rehabilitate the Fuente Osmeña Circle, aiming to…
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I believe that despite its inevitable shortcomings, ASEAN is still very much a viable and preferred proposition compared to a freewheeling, no-holds-barred,…
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Power supply in the Visayas was tight on Tuesday after the National Grid Corp. of the Philippines (NGCP) placed the region’s grid under yellow alert from 5 to…
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MORE Electric and Power Corp. (MORE Power), the Razon-led power distributor in Iloilo, is rolling out a three-year plan to shift to unmanned substations under…
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As President Ferdinand Marcos Jr. was busy in various meetings with ASEAN leaders during the ASEAN Summit and Related Meetings in Mactan, Cebu, First Lady Liza…
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Ayala Corp. (AC), the country’s oldest conglomerate, is tightening its grip on regional capital markets with a fresh $100-million sustainability-linked…
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