President Ferdinand R. Marcos Jr.’s chief economic manager said the economic team is in dialogue with the Philippines’ development partners, including the Asian Development Bank (ADB), to secure ample funding for the country’s power and fuel needs. “We are in constant discussion with our...
D&L Industries Inc., the Philippines’ largest producer of specialty plastics and oleochemicals, warned that the conflict in Iran will disrupt global supply chains for months, clouding the outlook for the company that just reported a double-digit rise in annual profit.
In a virtual briefing on...
Amid escalating geopolitical tensions in the Middle East triggering a global oil crisis, the Department of Science and Technology (DOST), through the Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD) and Palawan State University (PalSU), will...
The Department of National Defense (DND) and the Armed Forces of the Philippines (AFP) on Tuesday, March 17, rejected social media rumors that a so‑called “third force” is planning to overthrow the government and seize power from the administration of President Marcos Jr. DND Secretary...
D&L Industries Inc. does not expect any material impact on its business under current market conditions following the filing of a bill in Congress that would allow the temporary suspension of mandatory biofuel blending in the Philippines. The firm informed the Philippine Stock Exchange (PSE) on...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
D.M. Wenceslao & Associates Inc., the developer behind the Aseana City business district, reported a 5.6 percent increase in core net income last year as higher residential sales and commercial leasing offset a stagnant land rental market. In a disclosure to the Philippine Stock Exchange, the real...
Lopez-led Rockwell Land Corp. and Juan D. Nepomuceno (JDN) Realty, through their joint venture (JV) Rockwell Nepo Development Corp., are expanding Rockwell at Nepo Center in Angeles City, Pampanga, due to high demand even before the completion of the centerpiece mall. “Because of the positive...
Construction giant EEI Corp. secured ₱1.6 billion in new contracts in the first two months of 2026, a robust start to the year as it moves toward a more diversified project pipeline and leaner corporate structure. EEI President and Chief Executive Officer Henry D. Antonio said the new mandates...
Investors in the equity market are bracing for a week of high-stakes data releases, with February inflation figures and a heavy slate of United States (US) economic indicators expected to dictate the trajectory of the benchmark index. After a strong finish in February, the Philippine Stock Exchange...
Unicapital Securities Inc. has reduced its forecast for the Philippine Stock Exchange’s (PSE) benchmark index, the PSE index (PSEi), to 6,800 from its earlier target of 7,100, citing lingering challenges faced by local equities, led by the impact of a recent corruption scandal and other factors....
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
