MacroAsia First-Half Net Income Falls 30% on Higher Costs, Weaker Associate Earnings
MacroAsia Corporation reported a 30 percent decline in first-half net income to P546.5 million, down from P 777.1 million year-on-year, hit by…
Category Business & Finance
Indian airport giant GMR eyes expansion in Philippines, renews interest in Sangley
Indian infrastructure conglomerate GMR Group is eyeing further expansion of its airport portfolio in the Philippines, targeting major strategic projects including the…
Philippine FDI Falls To $2.2 Billion In First Five Months Of 2026
Foreign direct investment (FDI) net inflows into the Philippines fell to $2.2 billion in the first five months of 2026, down from…
Sandiganbayan Orders Former DPWH Chief Bonoan To Testify In Revilla Case
Former Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan has been ordered by the Sandiganbayan Third Division to testify in…
Consumers Get Slight Relief in August Power Bills as ERC-Approved Meralco Refund Kicks In
Electricity bills for households under Meralco will see a modest dip this August, with rates reduced by P0.0428 per kilowatt-hour (kWh). The…