The Philippine Stock Exchange index (PSEi) fell to a 6.5-month low on Monday, Jan. 13, dragged down by a strengthening US dollar and growing concerns over the pace of US Federal Reserve rate cuts. The main index plunged by 153.22 points or 2.36 percent to close at 6,343.10 as Conglomerates led the...
A fresh wave of blame game is electrifying the discourse surrounding the National Grid Corporation of the Philippines (NGCP), the country’s grid operator—but while digging up past regulatory missteps might make for catchy headlines, the real power play lies in tackling the tough questions: who...
The operator of the Ninoy Aquino International Airport (NAIA) has introduced a new fleet of vehicles to support ground operations at the country's main gateway in a bid to improve convenience and ensure the safe and efficient flow of movements amid the reported increase of passenger volume...
Gone are the days of billboards and TV commercials dominating the advertising landscape. In the Philippines, where social media usage is among the highest in the world, businesses are increasingly relying on digital platforms to reach consumers. This shift has fueled an explosion of opportunities...
Bridgetowne Destination Estate welcomed 2025 with a grand celebration of hope, unity, and shared aspirations. Thousands of Filipinos gathered to witness an unforgettable New Year’s Eve experience filled with music, lights, and a dazzling fireworks display, marking the start of a brighter and more...
The PSEi eased on thin trades on the last trading day of the week amid lack of cues from the US. The main index shed 15.25 points or 0.23 percent to close at 6,496.32 with Conglomerates leading the decline while Banks bucked the trend to post a decent gain. Volume was anemic at 1.04 billion shares...
Del Rosario-led PHINMA Corporation (PHN) completed the acquisition of 100 percent of PHINMA Insurance Brokers Inc. (PIBI) from PHINMA Inc. for P150.53 million. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it bought all the 2.3 million PIBI shares of PHINMA. PIBI is the...
Citicore Renewable Energy Corporation (CREC), a leading renewable energy (RE) developer in the Philippines, announced that PT Pertamina Power Indonesia (Pertamina NRE), an Indonesian-based energy firm, has made its first investment in the country. In a disclosure to the Philippine Stock Exchange...
State-run Clark Development Corporation (CDC) is ramping up efforts to attract more global investors to the Clark Freeport Zone, starting with strengthening its relationship with Taiwanese firms. CDC President and Chief Executive Officer Agnes VST Devanadera, and 17 Taiwanese companies, alongside...
Engineering and infrastructure firm Megawide Construction Corporation has acquired 100 percent ownership of Megawide GMR Construction JV Inc. (JV), the developer of the Clark International Airport Project, after buying out its partners in the joint venture. In a disclosure to the Philippine Stock...
Real estate and gaming firm Belle Corporation is optimistic about its growth prospects amid a bullish outlook for the Philippine gaming market—particularly in Clark, Pampanga, which is emerging as the next gaming and tourism hub. In a disclosure to the Philippine Stock Exchange, Belle President...
More and more real estate developers are utilizing mobile apps in property management to reach a wider audience faster and more efficiently and improve engagement with sellers, tenants, and agents. Integrating mobile apps as a medium can elevate and streamline the delivery of services and...
