Traders herald end to rate hikes after US bank run
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GLOBAL BOND MARKETS have declared that the steepest global monetary tightening campaign in a generation has nearly run its course. In the…
Tanduay Distillers ordered to stop using ‘Ginebra’
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PH.TANDUAY.COM THE Supreme Court has ordered Tanduay Distillers, Inc. (TDI) to stop using the word “Ginebra” in its gin products as it…
PAL to add seven aircraft, almost double 2023 capex
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PHILIPPINEAIRLINES.COM FLAG CARRIER Philippine Airlines (PAL) is set to add seven more aircraft to its fleet this year as it moves to…
Maynilad allocates P178 billion for wastewater spending plan
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MAYNILAD Water Services, Inc. targets to spend P178 billion for its wastewater management program from 2023 to 2046, the company announced on…
San Miguel Foods’ income up 21% to 9B as sales jump
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THE food division of listed firm San Miguel Food and Beverage, Inc. reported a 21% rise in net income to P9.2 billion…
SEC warns against two entities conducting alleged loan scams
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THE Securities and Exchange Commission (SEC) has warned the public against two entities engaging in lending and financial activities, as they have…
AirAsia: Lower fuel surcharge, sale promos to boost load factor
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NEWSROOM.AIRASIA.COM AIRASIA Philippines expects seat sales and a lower fuel surcharge for domestic and international flights in April to boost flights’ load…
D.M. Wenceslao posts 3% income growth to P2B
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PROPERTY developer D.M. Wenceslao and Associates, Inc. posted a 3% profit growth to P2.1 billion last year largely on contributions from expansion…
Manila Water prepares for expected higher demand in summer
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MANILA Water Co., Inc. said it would maximize the production of its treatment plants and water sources to meet an expected surge…
DICT expects not all SIM cards to be registered
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PHILSTAR FILE PHOTO THE Department of Information and Communications Technology (DICT) said it expects a decline in the number of activated subscriber…