Stocks slide as rate cut looms, peso strengthens
The benchmark Philippine Stock Exchange Index (PSEi) opened the trading week lower at 6,368.55, slipping 0.25 percent on Monday, 16 February.
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The benchmark Philippine Stock Exchange Index (PSEi) opened the trading week lower at 6,368.55, slipping 0.25 percent on Monday, 16 February.
· 2 min read
The benchmark Philippine Stock Exchange Index (PSEi) opened the trading week lower at 6,368.55, slipping 0.25 percent on Monday, 16 February 2026.
· 2 min read
Manila Electric Company (Meralco) is turning to American technology providers to accelerate its grid modernization as the country’s largest power distributor…
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GENERAL SANTOS CITY — What do consumers really want from SOCOTECO II? Better service, less politics, and a system that actually works.
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CITY OF SAN FERNANDO, Pampanga — Starting March, residents will no longer pay the 12 percent Value-Added Tax (VAT) on their water bills, with full refunds for…
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GENERAL SANTOS CITY — The Bantay Kuryente Movement released results of a snap consumer survey showing strong public support for reforms at SOCOTECO II,…
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Power consumers will see higher transmission charges in their February electric bills due to a jump in transmission rates.
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Energy Secretary Sharon Garin cannot say whether the country will suffer power shortages this coming summer season.
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Local investors are awaiting a potential rate cut by the Bangko Sentral ng Pilipinas (BSP) ahead of the trading week, Rizal Commercial Banking Corporation…
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Banking stocks led gainers, Ayala Corp. topped performers among index constituents, while the peso continued its upward climb, strengthening further to P58.58…
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Headline inflation increased by 0.2 percentage points from December’s 1.8 percent, even as economists say another rate cut is increasingly likely amid…
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Volatility in generation costs can change rapidly, but consumer incomes do not adjust as quickly.
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The central bank’s reassessment came after the Philippine Statistics Authority reported that full-year GDP growth for 2025 settled at 4.4 percent,…
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The Energy Regulatory Commission (ERC) expects broader electricity access for low-income households after approving a unified national lifeline subsidy system.
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Consumer groups’ fears that other generating companies would follow the lead of San Miguel Corp.’s unit, San Miguel Global Power (SMGP), in invoking the broad…
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Trading was robust with net value turnover reaching P13.51 billion even as the peso, driven by broad US dollar softness, strengthened to P58.56 per dollar,…
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Davao Light and Power Co. has been authorized by the Energy Regulatory Commission to begin operations in its expanded franchise areas after ERC granted the…
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Pricing gas below global market levels simply because it is produced locally would undermine project viability and deter future exploration.
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