The Department of Energy (DOE) will require oil companies to submit monthly cost reports on liquefied petroleum gas (LPG) and kerosene following the renewed suspension of excise taxes on the two fuels.
SM Investments Corp. wants to use its vast retail network to help more Filipino suppliers build the scale needed to sell across Asia, where Philippine brands remain a relatively rare sight on supermarket shelves.
Friday’s Boracay remains stuck in the design phase, with construction yet to begin more than six years after the once-popular beachfront resort closed its doors.
Security Bank Corp. is overhauling its senior ranks as executive vice president and retail banking chief Rahul Rasal exits after nearly four years at the helm, putting executives into reshaped roles as CEO Victor Lee pushes the lender from strategy to execution.
Alternergy Holdings Corp. raised P2 billion in its first trip to the local debt market, giving the renewable energy developer fresh funding as it prepares to more than double its operating capacity by year-end.
Metro Retail Stores Group Inc. (MRSGI) is expanding its footprint in Eastern Visayas with a planned three-story retail complex in Ormoc City that will house a supermarket, department store and spaces for local businesses.
Citicore Energy REIT Corp. president and CEO Oliver Tan spent about P12.8 million buying shares of the company he runs as the stock struggles against a tougher backdrop for real estate investment trust (REIT) firms.
One of the Philippines’ oldest business families is making a major bet on the AI boom, with YCO Cloud preparing to bring more than 10,000 of Nvidia’s newest Blackwell Ultra chips to the country.