- ACEN sees ‘silver lining’ in excess RE supply
ACEN CORP. said it sees a “silver lining” in having excess power to sell to customers, as energy market volatility linked to the Middle East conflict creates opportunities for renewable energy (RE) providers, its chief executive said. “The silver lining is we have excess power to sell to customers. So, this is a good time
- Airlines adjust Middle East flights after ceasefire
BUDGET CARRIER Cebu Pacific (CEB) has extended the suspension of its Manila-Dubai flights until the end of the month, while Philippine Airlines (PAL) will resume Manila-Riyadh flights starting April 10, as airlines adjust schedules following easing conditions after a two-week ceasefire in the Middle East conflict involving the United States, Israel, and Iran. “CEB continues
- Offshoring trend to cushion office slowdown — Leechiu
THE Philippine office market may slow down slightly, but demand is expected to be supported by continued offshoring by global firms, according to Leechiu Property Consultants (LPC) Chief Executive Officer David Leechiu. “I think office will probably slow down a little bit, but it will be the best performing of the asset class because now
- Megaworld expands LEED portfolio to 32 with Iloilo office tower
TAN-LED Megaworld Corp. has expanded its portfolio of Leadership in Energy and Environmental Design (LEED)-certified and registered office properties to 32 after its new office tower in Iloilo City secured LEED Gold certification. In a disclosure on Wednesday, the company said its 12-storey office tower, Enterprise Two, located within the 72-hectare Iloilo Business Park, received
- SEC orders catering firm to stop alleged investment solicitation
THE SECURITIES and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against Melot’s Catering Services, its point person, and its agents for the alleged unauthorized solicitation of investments from the public. In an order dated March 14, the SEC’s Enforcement and Investor Protection Department (EIPD) directed Melot’s Catering Services, its point person, and its
- Meralco urges action on Batangas, GenSan power plans
MANILA ELECTRIC CO. (Meralco) is urging electric cooperatives in Batangas and General Santos (GenSan) City to conduct public bidding to determine their power distribution partners, as it seeks to advance proposals to upgrade facilities and address persistent electricity issues in these areas. “Our request is really to hasten it because it has been there for
- Eastern Communications says network designed to stay resilient amid disruptions
EASTERN Telecommunications Philippines, Inc. (Eastern Communications) said its network is designed to remain operational amid potential disruptions linked to geopolitical tensions in the Middle East, citing built-in redundancy and business continuity measures. “Eastern Communications’ network architecture is built for adaptability. With geographically diverse submarine cable routes and independent core nodes, traffic is automatically rerouted in
- How PSEi member stocks performed — April 8, 2026
Here’s a quick glance at how PSEi stocks fared on Wednesday, April 8, 2026.
- Office demand rises 77% in Q1; outlook turns cautious
THE PHILIPPINE office market started 2026 with stronger net demand, as net absorption rose 77% year on year to 133,000 square meters (sq.m.) in the first quarter (Q1), property consultancy firm Leechiu Property Consultants (LPC) said. Gross demand, however, reached 234,000 sq.m., down 22% from the previous quarter, which LPC said was “consistent with typical
- PAL extends Doha, Dubai flight suspension to May 31
PHILIPPINE AIRLINES (PAL) has extended the suspension of its Manila-Doha and Manila-Dubai flights until May 31 due to the ongoing conflict in the Middle East, citing risks to overall airspace safety and critical infrastructure. “Due to the developing situation in the region, including potential risks to critical infrastructure and overall airspace safety, flights to Doha