West Zone concessionaire Maynilad Water Services Inc. reported a 14-percent increase in net income in the first half, driven by lower interest expense and taxes, which more than offset higher operating expenses (opex). In a media briefing on Tuesday, Aug. 4, Maynilad President and Chief Executive...
Private-sector economists are divided over the trajectory of Philippine inflation in July, though they broadly agree that lingering climate risks, geopolitical tensions, and a weaker peso will compel the central bank to keep interest rates elevated. Forecasts for July headline consumer prices span...
Lending growth at the country’s big banks slowed to a four-month low in June as corporate borrowers and households took a more cautious approach, dampening overall demand for credit. Outstanding loans issued by universal and commercial banks (U/KBs) expanded 9.8 percent from a year earlier to...
Rains brought by a low-pressure area (LPA) raised the water level of Angat Dam in Bulacan by more than three meters on Thursday, July 30, based on the data from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). As of 8 a.m., the dam’s water level rose to...
A “triple threat” of crude oil prices topping $80 per barrel, Metro Manila’s ₱85 daily wage hike, and severe El Niño conditions could push third-quarter Philippine inflation back to levels seen during the height of the Middle East crisis and prompt the Bangko Sentral ng Pilipinas (BSP) to...
Angat Dam needs around 400 millimeters of rain over its watershed in Bulacan to reach the level needed for normal operations for domestic water supply, irrigation, and power generation, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. In a press...
"Siguro, that 's something that 's not for us in this lifetime." For Ice Seguerra, that one sentence sums up years of trying to make a shared dream happen. Speaking on "i-Listen with Kara David," Ice revealed that he and wife Liza Diño have come to terms with the possibility that they...
House Speaker Isabela 6th district Rep. Faustino "Bojie" Dy III says proactive planning is key to mitigating the effects of El Niño, which threatens to adversely affect the country 's food supply. Speaking at the House Committee on Agriculture and Food’s El Niño briefing Wednesday, July...
The water level of Angat Dam fell to 152.12 meters as of 8 a.m. Wednesday, July 22, surpassing the previous record-low registered in 2010, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). During a climate forum on Wednesday, PAGASA hydrologist...
Covering showbiz long enough, it 's easy to think you 've become immune to fan frenzy. You 've seen the screaming, the banners, the endless requests for selfies. But every now and then, a crowd reminds you why this kind of spectacle never quite gets old. That happened recently at the...
Money sent home by overseas Filipinos (OFs) fell to $2.71 billion in May, dropping to its lowest level in a year and signaling that growth may be losing steam amid renewed deployment risks stemming from the Middle East conflict. The latest Bangko Sentral ng Pilipinas (BSP) data released on...
Actress-comedian Pokwang revealed that her daughter, Malia, has no interest in reconnecting with her father, American actor Lee O 'Brian. Speaking on a recent episode of Ogie Diaz 's YouTube show "Showbiz Updates," Pokwang was asked about Malia 's relationship with her father now...
