Petron profit falls 56% to P1.8B on shutdowns, oil shock
Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
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Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 MIN READ
LAPU-LAPU CITY, Cebu — ASEAN leaders will convene this week to a scaled-down, “bare bones” setup as tensions in the Middle East have forced a shift in both the…
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Global oil prices remain at levels that continue to exert upward pressure on domestic fuel and transport costs.
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Metropolitan Bank & Trust Company (Metrobank) reported a net income of P12.6 billion in the first quarter of 2026, supported by steady asset expansion,…
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A parallel I see is the way our own political playbook is repeated over and over again.
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The most likely near-term scenario is more of the same: the conditional ceasefire extended pending talks, with almost no shipping through the Strait of Hormuz,…
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More than 200 Filipinos arrived at Ninoy Aquino International Airport (NAIA) over the last two days as the government accelerated repatriation efforts for…
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A total of 202 Filipinos, including overseas Filipino workers and their dependents, have returned to the Philippines from Kuwait and Abu Dhabi as part of the…
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The economic fallout from the Middle East crisis may pose risks to the local real estate sector for the remainder of the year, according to Joey Bondoc, head…
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The US being the world’s largest economy, decisions by the Federal Reserve have significant spillover effects on other central banks. While the Fed and the…
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The lack of foresight and initiative on the part of the national government could worsen the already negative effects of the Middle East conflict in the long…
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Foreign tourist arrivals in the Philippines rose nearly 9 percent through late April despite global travel concerns fueled by the ongoing crisis in the Middle…
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More than 80 low-income households in Novaliches became the first beneficiaries of a government-backed discounted water program on Wednesday, following a…
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The Department of Tourism reported that foreign arrivals to the Philippines rose by 9 percent despite the ongoing Middle East crisis.
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The government has facilitated the return of 191 overseas Filipino workers (OFWs) as it continues to intensify measures to ensure their safety and welfare amid…
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SM Investments Corporation (SMIC), the ultimate parent company of the Sy family, reported a 7 percent increase in consolidated net income to P21.5 billion in…
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Subic Bay Freeport — The Subic Bay Metropolitan Authority (SBMA) announced a significant reduction in port tariff rates and the extension of free…
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Of AEV’s P6.3 billion Q1 2026 total net income from strategic business units, power was the largest contributor at 56 percent, followed by food and beverage at…
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