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Category: Business

Business, National, News

MERALCO REDUCES AUGUST 2026 POWER RATES BY ₱0.0428 PER KWH

August 10, 2026August 10, 2026

​Electricity bills for Manila Electric Company (Meralco) customers will decrease slightly this August following a rate cut of ₱0.0428 per…

Business, News

RAMON ANG ACQUIRES 25.68% LOPEZ INC. STAKE FROM GABBY LOPEZ

August 10, 2026August 10, 2026

Businessman Ramon S. Ang has purchased a 25.68% interest in Lopez Inc., the Lopez family’s principal holding company, acquiring the…

Business, News

PSBANK PROFIT FALLS 40% AS HIGHER LOAN PROVISIONS WEIGH ON EARNINGS

August 10, 2026August 10, 2026

Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a 40 percent drop in net income…

Business, National, News

JOLLIBEE GROUP LAUNCHES FIRST COMPOSE COFFEE BRANCH IN THE PHILIPPINES

August 9, 2026August 9, 2026

​The Jollibee Group has opened the first Philippine branch of South Korea’s Compose Coffee at Market! Market! in Bonifacio Global…

Business, National, News

MANILA WATER FIRST-HALF NET INCOME RISES 6% TO ₱8.5-BILLION

August 8, 2026August 8, 2026

​Manila Water Company, the water utility led by tycoon Enrique Razon Jr., reported an 8.5-billion-peso net income for the first…

Business, National, News

CEBU PACIFIC EXPANDS ASIAN NETWORK WITH RESUMED AND NEW INTERNATIONAL ROUTES

August 8, 2026August 8, 2026

​Budget carrier Cebu Pacific announced on Friday, August 7, the resumption and expansion of direct services across China, Japan, and…

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