
Converge plans up to P23-B spending
Fiber internet provider Converge Information and Communications Technology Solutions Inc. plans to ramp up capital spending to as much as P23 billion this year…
· 1 MIN READ
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Fiber internet provider Converge Information and Communications Technology Solutions Inc. plans to ramp up capital spending to as much as P23 billion this year…
· 1 MIN READ

Changes in WESM prices directly affect the cost of electricity purchased by distribution utilities, which in turn influences power rates paid by households and…
· 2 MIN READ

Senate President Vicente “Tito” Sotto III has filed a bill granting special privileges to pregnant women, including discounts on medical services and…
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Aboitiz Equity Ventures Inc. (AEV) kept its earnings largely steady in 2025, posting a reported net income of P18.3 billion, up only 1 percent from P18.1…
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Government offices have been ordered to tighten energy conservation measures, including setting air-conditioning thermostats to no lower than 24 degrees…
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Something explodes in the West Philippine Sea — that’s the model. Missiles from ships you can’t see. Drones you can’t swat. Subs you can’t find.
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Electric cooperatives, often linked to dominant political figures, should give way to more efficient private operators with the resources to improve the…
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The Middle East (ME) crisis could trigger a domino effect, driving up not only fuel prices but also electricity rates.
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Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
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Imposing a Value-Added Tax (VAT) on system loss charges in electricity bills penalizes consumers for electricity they did not use, raising serious legal and…
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A measure was filed in the House of Representatives proposing a uniform 50 percent discount on electricity charges for households with at least one minimum…
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Union Bank of the Philippines (UnionBank) closed 2025 with a net income of P10 billion as earnings rebounded strongly in the second half of the year, more than…
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Philippine National Bank (PNB) has approved a higher dividend payout for 2026, reflecting stronger earnings and continued confidence in its long-term strategy.
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Since electricity users pay a so-called Feed-In Tariff (FIT) as a subsidy for renewable energy (RE) companies to make their operations viable, an energy sector…
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Banking remained the group’s biggest earnings contributor, accounting for 49 percent of consolidated net income, followed by property at 27 percent, retail at…
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BDO Unibank Inc. posted a record net income of P87.2 billion in 2025, up six percent from P82.0 billion a year earlier, driven by expansion across its core…
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Pag-IBIG Fund’s investment income jumped nearly 50 percent to P9.43 billion in 2025, reinforcing the agency’s strong financial standing and helping it provide…
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Mayor says taxing the wealthy is fairer route than broad property tax increases to close city budget gap.
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