- ABS-CBN describes reports on capital infusion, payouts as ‘baseless’
ABS-CBN CORP. said it is not a party to a dispute involving the Lopez family and described reports of a proposed P2-billion capital infusion and alleged executive payouts as baseless. The company issued the statement following reports of a dispute involving businessman Federico R. Lopez, who filed a lawsuit over his ouster as chairman and
- OceanaGold extends Didipio mine life to 2037
OCEANAGOLD (Philippines), Inc. said the operational life of the Didipio gold and copper mine in Northern Luzon has been extended to 2037 following an updated mine plan based on recent exploration results. In a disclosure on Monday, the listed miner said updated mineral resource estimates indicate that Didipio’s open-pit stockpiles will be exhausted by 2032,
- PhilWeb secures accreditation for gaming services
PHILWEB CORP. said it has obtained accreditation from the Philippine Amusement and Gaming Corp. (PAGCOR) as a gaming affiliate and support service provider, allowing it to offer technology and operational services to licensed operators within PAGCOR’s regulated ecosystem. “This is a pivotal stage for the industry as it moves toward a more structured and transparent
- How PSEi member stocks performed — March 30, 2026
Here’s a quick glance at how PSEi stocks fared on Monday, March 30, 2026.
- DoTr in talks with NNIC on possible NAIA fee relief
THE DEPARTMENT of Transportation (DoTr) said it is in talks with the operator of Ninoy Aquino International Airport (NAIA) on possible passenger relief measures, including lower landing, takeoff, and terminal fees. “We need to discuss this. For now, the reduction of fees are for CAAP-operated airports only,” Transportation Acting Secretary Giovanni Z. Lopez said in
- Cebu Pacific secures jet fuel supply until June
BUDGET CARRIER Cebu Pacific (CEB) said it has secured enough jet fuel supply to support its domestic and international operations until June. “As developments in parts of the Middle East continue to evolve and impact global fuel supply, Cebu Pacific understands the importance of providing clarity and reassurance to its passengers,” CEB said in a
- SEC extends MSME filing fee discount until end-2026
THE SECURITIES and Exchange Commission (SEC) has issued a memorandum extending discounted filing fees for micro, small, and medium enterprises (MSMEs) to support their growth and expansion. Memorandum Circular No. 13, Series of 2026 extends the effectivity of the 20% discount on the assessed fee for MSMEs’ corporate registration until Dec. 31, 2026. At the
- EPI boosts capex to P10.3B for renewable expansion
EMERGING POWER, INC. (EPI), the renewable energy subsidiary of Nickel Asia Corp. (NAC), has allocated up to P10.3 billion in capital expenditures (capex) this year as it expands its solar and battery energy storage system projects. EPI’s projected capex represents about 88% of NAC’s total budget for the year and exceed last year’s P7.6-billion allocation,
- RRHI delisting seen to enable strategic reset
ROBINSONS RETAIL Holdings, Inc.’s (RRHI) plan to voluntarily delist from the Philippine Stock Exchange is seen to enable a strategic reset, analysts said, as the move may also help address undervaluation.
- Petron takeover seen unnecessary; analysts favor private ownership
A GOVERNMENT takeover of Petron Corp. may not be necessary, as the company could operate more efficiently in private hands, according to analysts.