Wednesday, 12 August 2026
7 minutes ago
‘Vote of confidence’: Lopez family, new investor raise P6B for ABS-CBN
ABS-CBN Corp. is raising a sizable P6 billion in fresh equity in a deal that will not only fund its turnaround but also reshape the ownership of one of the country’s best-known media groups.
31 minutes ago
Vivant core profit drops 19% as plant outages weigh on earnings
Vivant Corp. posted a 19-percent drop in consolidated core net income to P784 million in the first half of 2026, as unplanned outages at some of its conventional power plants offset gains from higher revenues.
1 hour ago
INSIDER VIEW | Line rentals: How to shield power consumers
In June and July 2024, electric cooperatives in Western and Eastern Visayas were hit with line rental charges of as much as P5.67 per kilowatt-hour, according to a resolution filed in the House of Representatives by power sector party-list representatives. Three years earlier, when an NGCP submarine cable failed, Iloilo’s power distributor owed P66 million in a single month, about P1.54 per kilowatt-hour landing on households that had nothing to do with a broken cable.
2 hours ago
SM Investments plans 2027 mining exit with Atlas stake transfer
Sy family-backed SM Investments Corp. expects to exit mining next year by moving its sizable Atlas Consolidated Mining and Development Corp. stake to another listed vehicle.
4 hours ago
JG Summit first-half core profit falls 37%, Cebu Pacific faces fuel pressure
JG Summit Holdings’ first-half core net income fell 37 percent to P13 billion as higher fuel costs weighed on Cebu Pacific, offsetting stronger earnings from property, food and key investments.
5 hours ago
Smarter fraud defenses, onboarding could unlock PH MSME growth
The Philippine financial sector needs stronger fraud prevention and more efficient merchant onboarding to bring more micro, small and medium enterprises (MSMEs) into the formal digital economy, according to banking, fintech and payments industry leaders.
5 hours ago
SM Investments outpaces PH economy as first-half profit grows 8% to P46B
SM Investments Corp. grew first-half net income by 8 percent to P45.9 billion, outpacing the Philippine economy as its banks, malls and retail businesses continued to expand despite a tougher operating environment.
5 hours ago
CIBI, CICC join forces to combat financial fraud, cybercrime
As financial fraud becomes increasingly sophisticated and moves across multiple platforms, companies and industries, fighting it within the walls of a single institution may no longer be enough.
6 hours ago
WINNING | PLDT, Smart turn AI skills into paths to livelihoods
PLDT and Smart are pushing digital inclusion beyond connectivity, using artificial intelligence (AI) training and technology competitions to equip Filipinos with disabilities with skills that can translate into jobs, freelance work and greater economic participation.
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