MANILA, Philippines — Ongoing pest infestation, the El Niño phenomenon and rising input costs threaten to slash the country’s raw sugar production for this cropping season, according to a report. The ...

MANILA, Philippines — Meralco PowerGen Corp. (MGEN) remains keen to fire up its 1,200-megawatt (MW) coal plant in Quezon province, as it eyes a win in its parent firm’s baseload capacity auction. MGEN...

MANILA, Philippines — Philippine stocks could face renewed pressure this week as investors weigh another interest rate hike against rising oil prices and a weaker peso, according to F. Yap Securities ...

MANILA, Philippines — Lopez-led First Gen has secured a major supply deal, with 189 Jollibee Foods Corp. (JFC) outlets shifting to renewable energy. In a statement over the weekend, First Gen said it ...

MANILA, Philippines — Air travelers may see a slight reduction in ticket costs in the second half of October after the Civil Aeronautics Board (CAB) approved lower, but still elevated, fuel surcharges...

MANILA, Philippines — The Social Security System (SSS) has cracked down on five employers in Pasay City over P1.14 million in unpaid workers’ contributions, which have ballooned to P3.19 million with ...

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) said Monday it was extending the suspension of its flights to and from Riyadh until Nov. 29 amid continuing security threats to the Saudi c...

MANILA, Philippines — The national government’s debt service bill dropped in August as the absence of a massive bond maturity settlement made in the same month last year sharply reduced principal repa...

DMCI Homes of the Consunji Group has reached a major construction milestone for its 7.5-hectare Solmera Coast beachfront estate in Batangas, with the company completing the structural framework of all...

BMI, a unit of Fitch Solutions, has raised its forecast for bank lending growth in the Philippines this year but warned that higher borrowing costs and sluggish economic activity could slow credit exp...