Electricity rates for this month will go up by P0.2347 per kilowatt hour (kWh) to P12.0545 per kWh, the Manila Electric Co. (Meralco) announced Thursday.

ACEN Corp. reported a net income of P6.6 billion at end-September this year, up by 59 percent from the same period a year ago, boosted by gains from the sale of its stake in geothermal power plants in Indonesia.

Property developer Megaworld Corp. on Thursday said its income in January to September rose 39 percent to P13.5 billion from P9.7 billion last year.

Toki, a Filipino-founded social commerce platform in the Philippines, sees a huge opportunity in the $5-billion collectibles market, as almost half of Filipinos are considered collectors.

Globe Telecom Inc. said on Thursday it “consistently” held the revenue leadership in the mobile market with 54.9 percent at end-September.

Monde Nissin Corp. said its income in January to September reached P5.68 billion, flat from a year ago, as it was weighed down mostly by its veggie meat business.

THE chief of the National Economic and Development Authority (Neda) said the Philippines cannot afford to wait for Chinese Official Development Assistance (ODA) to finance three railway projects.

THE national government could end the year with a debt-to-GDP ratio lower than its 61.4 percent target as its outstanding debt in relation to economic output eased to 60.2 percent in the third quarter, the Bureau of the Treasury (BTr) said.

The National Economic and Development Authority (NEDA) said the government is “on track” in laying down the groundwork for the full implementation of its 2023-2028 Philippine Development Plan (PDP).

SLOWING inflation may be good news for some but this may also indicate weaker demand, thus, lower economic growth, according to local economists.

THE leadership of the House of Representatives has decided to relieve Deputy Speakers Gloria Macapagal-Arroyo and Isidro Ungab of their leadership roles, House Majority Leader Manuel Jose M. Dalipe said on Tuesday.

ON the evening of November 7, 2013, Antonino and Soledad Guande of Barangay San Roque were looking at their family having fun after dinner.

THE country’s external trade performance may continue to be lackluster and may already be the new normal for the Philippines given the “unilateral” decisions made by its two biggest trade partners—China and the United States.

DESPITE the easing of inflation in October, the National Economic and Development Authority (Neda) is now bracing for more economic headwinds in the coming months due to an intensified El Niño and the impact on prices of holiday spending.

ADDRESSING learning poverty will allow the Philippines to attain the second demographic dividend which holds the key to fast economic growth all the way to 2100, according to the National Economic and Development Authority (Neda).

INTERNATIONAL travel to the Philippines continues its uptrend as the country  received 4.5 million foreign visitors from January to November 5. This represents 93 percent of the Department of Tourism’s (DOT) 4.8-million arrivals target this year.

SOME 1.2 million passengers flew through the Ninoy Aquino International Airport (Naia), the country’s main gateway, during the All Saints Day/All Souls Day (Undas) break from October 27 to November 5.

SENATORS on Tuesday promptly moved to investigate a security breach from their executive session on Monday where, as leaked reports said, they discussed among others the request of certain agencies for confidential and intelligence funds.

MORE than 600 foreigners, including 42 Filipinos and their children, left the war torn Gaza Strip Tuesday, as the Rafah border was reopened following a three-day hiatus brought about by the airstrike of Israel on an ambulance last week.

The Bases Conversion and Development Authority (BCDA) is looking for a joint venture (JV) partner for the “commercialization” of information and communications technology (ICT) facilities in New Clark City (NCC), which will also handle the expansion, ...

The Philippines is now allowing the commercial use of avian influenza (AI) vaccines in domestic poultry to help in curbing the spread of bird flu nationwide and minimize economic losses incurred by raisers.

The alliance between business tycoons Ramon S. Ang and Manuel V. Pangilinan could expand and lead to the listing of a mega toll company in the local bourse.

Petron Corp. reported a 16-percent jump in net income in January to September this year owing to volume improvements across major business segments.

Bloomberry Resorts Corp., which owns and operates Solaire Resort and Casino, on Tuesday said its income in January to September more than doubled to P8.27 billion, from last year’s P4.05 billion.

The Manila Electric Co. (Meralco) and US-based nuclear developer Ultra Safe Nuclear Corp. (USNC) began on Monday night the pre-feasibility study for the development of micro modular reactors (MMR) in the Philippines.

San Miguel Brewery Inc. (SMB), the beer unit of conglomerate San Miguel Corp., said its 9-month income went up by 20 percent to P19.4 billion from the previous year’s P16.16 billion.

RL Commercial REIT Inc. (RCR) on Tuesday said it generated P4.1 billion in revenues in January to September, 4 percent higher than last year’s P3.91 billion.

A PETITION has been filed before the Supreme Court (SC) seeking to declare as unconstitutional the transfer last December 2022 from the Office of the President (OP) the amount of P125 million for the Office of the Vice President’s  (OVP) confidential ...

The National Economic and Development Authority (Neda) proposed the implementation of an energy conservation measure in case the Israel-Hamas war escalates and spreads to other countries. 

Despite the recent hazy conditions brought about by the prolonged suspension of dust, dirt, and other particles in the air due to thermal inversion that triggered so-called smog in Metro Manila and vog over the Taal Volcano region, the Department of E...

The Philippine National Police (PNP) on Tuesday said that it is committed to immediately solving the brutal murder of radio anchor Juan Jumalon, also known as “Johnny Walker,” who was shot and killed in Calamba, Misamis Occidental last November 5.

The country’s defenses will be greatly beefed by the Enhanced Defense Cooperation Agreement (EDCA) sites, Department of National Defense (DND) Secretary Gilberto “Gibo” C. Teodoro Jr. said on Monday.

STATE-run pension fund Government Service Insurance System (GSIS) is investing P1.45 billion in Alternergy Holdings Corp. (PSE: Alter), according to the publicly-listed renewable energy (RE) firm.

THE national government on Tuesday raised P30 billion from the sale of Treasury bonds (T-bonds) amid investors’ insistence for higher yields, tracking the US Treasury curve.

AS long as you are alive and well, you owe it to yourself and society to find ways to improve yourself. As you are growing up, you learn how to communicate, take care of yourself and be educated on different subjects.

PUBLIC advocacy group Foundation for Economic Freedom (FEF) is proposing that the two state-run banks’ contributions to the Maharlika Investment Fund (MIF) be on a staggered, rather than lump-sum, basis.

MEMBERS of the House Committee on Ways and Means said last Tuesday that it is now considering the removal of the proposed motu proprio power of the President to grant tax incentives under the new bill amending the Corporate Recovery and Tax Incentives...

SPEAKER Ferdinand Martin G. Romualdez vowed last Tuesday the House of Representatives would continue formulating policies that strengthen economic resilience, stimulate investment and boost agricultural output as lawmakers remain vigilance despite a l...