MANILA—The Manila Electric Company (Meralco) said Friday it will hike power bills by PHP0.92 per kilowatthour (kWh) this month, mainly due to a higher generation charge....
MANILA—A sudden leap in US treasury yields in reaction to the tax cut plan announced by US President Donald Trump weakened share prices at the Philippine...
MANILA—The Securities and Exchange Commission (SEC) has approved the Php60-billion fixed rate bond issue of diversified conglomerate San Miguel Corp. (SMC). Based on SEC document, the...
MANILA—Placements in debt instruments boosted foreign direct investments (FDI) to the Philippines to reach USD 6.97 billion as end of November 2016, up 25.4 percent from...
MANILA—Sales of local vehicles reached 30,425 units in January this year, up 6,617 units or 27.8 percent from 23,808 units in January last year, data...
MANILA—The Department of Information and Communications Technology (DICT) will coordinate with local government units (LGUs) for the streamlining of permitting process for mobile communications providers to...
MANILA—The government wants those engaged in ‘5-6’ lending scheme to be registered in the Securities and Exchange Commission (SEC) to legalize their lending business. In an...
MANILA—The Philippines banking system continues to prove its strength after ending 2016 with Php 154.13 billion net profit, up 13.9 percent from Php 135.34 Billion in...
MANILA—Close to 235,000 farmers and fisherfolks received Php1.6 billion in crop insurance payments in 2016, initial reports from the Philippine Crop Insurance Corp. (PCIC) show. The...
MANILA—The Department of Tourism (DOT) and the Public-Private Partnership (PPP) Center will start the bidding for The New Nayong Pilipino project in December this year. During...