Joy of eating out hits a speed bump
The weakness in spending and sales growth may be reflective of demand becoming more sensitive (or elastic) to price increases.
· 3 min read
Daily TribuneTopic
The weakness in spending and sales growth may be reflective of demand becoming more sensitive (or elastic) to price increases.
· 3 min read
Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
· 1 min read
January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
· 1 min read
The Gokongwei group already owns 78.15 percent of RRHI, including JE Holdings’ 46.1-percent stake. If enough shareholders sell, the group’s ownership will rise…
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More Filipinos, particularly informal settler families, are benefiting from the nationwide rollout of President Ferdinand R. Marcos Jr.’s flagship Expanded…
· 2 min read
SteelAsia Manufacturing Corp. has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank to accelerate the company’s expansion of low-carbon…
· 2 min read
Robinsons Retail Holdings Inc. (RRHI) is spending up to P11.25 billion to buy out minority shareholders as the Gokongwei family moves to take the company off…
· 1 min read
National Grid Corporation of the Philippines (NGCP) spokesperson Atty. Cynthia Alabanza said Friday that unplanned shutdowns are primarily driven by high…
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Axelum Resources Corp. nearly doubled its first-quarter earnings to P267 million as stronger export demand and higher-margin products helped offset…
· 2 min read
The Social Housing Finance Corp. (SHFC) and the Department of Human Settlements and Urban Development (DHSUD) turned over more than P9 million in housing…
· 1 min read
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 payout brings the company’s dividend payout ratio to 36 percent, likewise the highest on record and well above its policy of maintaining at least 20…
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The Department of Agrarian Reform (DAR) distributed certificates Wednesday to 20 farmers in Mexico, Pampanga, effectively condoning more than P1.6 million in…
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The Philippine Army’s 10th Infantry (Agila) Division hosted a Malaysian military delegation this week for a two-day planning session ahead of an annual…
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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…
· 1 min read
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…
· 2 min read