- Meralco sees higher generation charge for October
POWER DISTRIBUTOR Manila Electric Co. (Meralco) expects a rise in its generation charge this month, as the peso’s depreciation is seen to drive up the cost of power purchased from its suppliers. “While we are still waiting for some billings from our suppliers to finalize the October electricity rate, indications point to a possible increase
- SEC plans unified lending ID to improve credit access, stop lending abuses
THE Securities and Exchange Commission (SEC) is looking to introduce a unified lending identification (ULI) system to make it easier for borrowers to access credit and to prevent predatory lending and abusive debt collection practices.
- Toyota Financial ends P2-B bond offer ahead of schedule
TOYOTA FINANCIAL Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of listed GT Capital Holdings, Inc., ended the offer period for its P2-billion maiden bond issuance on Oct. 7, earlier than scheduled, citing strong investor demand. “Originally set to run from Oct. 6 to 13, 2025, the offer period was cut short and
- SEC seeks explanation from Villar Land appraiser over asset valuation
THE Securities and Exchange Commission (SEC) has directed E-Value Phils. Inc., the appraiser of Villar Land Holdings Corp.’s properties, to explain its valuation of assets owned by the Villar Land group as part of an ongoing review of the accuracy of the developer’s financial reporting. In a show-cause order dated Sept. 29, the SEC Office
- MacroAsia breaks ground on P2-B Iloilo water project
MACROASIA CORP. has broken ground on the P2-billion New Earth Iloilo Water Supply Project, which aims to address the rising water demand in Iloilo. The project is being implemented by New Earth Water System, Inc. (NEWS), a wholly owned subsidiary of Boracay Tubi System, Inc. (BTSI), which is majority owned by MacroAsia. “This facility will
- Vivant to study other water sources amid Cebu supply gap
VIVANT WATER, a subsidiary of energy and water conglomerate Vivant Corp., plans to explore other potential sources of potable water aside from desalination to support Metro Cebu’s growing water supply needs. “Actually, that is one of our goals for next year, where we want to identify other sources also of water that is not desalination
- Lorenzo Shipping seeks SEC nod for capital stock hike
LORENZO SHIPPING CORP. is seeking the approval of the Securities and Exchange Commission (SEC) to increase its authorized capital stock following the subscription of National Marine Corp. (NMC). The transaction is in line with NMC’s subscription to the company’s capital increase, which remains subject to SEC approval. In May, Lorenzo Shipping’s board of directors approved
- How PSEi member stocks performed — October 7, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, October 7, 2025.
- MPTC eyes P20-B bond offer for tollway projects, debt payment
METRO PACIFIC Tollways Corp. (MPTC) is targeting to raise up to P20 billion through a bond issuance to fund ongoing tollway projects and refinance existing loan facilities.
- ICTSI units secure 25-year concession extension for Subic terminals
INTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI), through its subsidiaries, secured a 25-year extension of its concession agreements for the management and operation of New Container Terminals (NCT) 1 and 2 in Subic, Zambales, and will invest more than $130 million to upgrade the facilities. In a stock exchange disclosure on Monday, ICTSI said its units