A worker is seen balancing on steel frames at a construction site in Metro Manila, Dec. 23, 2016. — REUTERS/ROMEO RANOCO WHOLESALE PRICES of building materials in the Metro Manila rose at the slowest annual pace in six months in February, preliminary data from the

GLOBAL BOND MARKETS have declared that the steepest global monetary tightening campaign in a generation has nearly run its course. In the span of days, traders have dramatically unwound bets on further rate hikes and current pricing shows the US Federal Reserve is likely going to

PH.TANDUAY.COMTHE Supreme Court has ordered Tanduay Distillers, Inc. (TDI) to stop using the word “Ginebra” in its gin products as it upheld Ginebra San Miguel, Inc.’s (GSMI) trademark over the term.In a 92-page ruling dated Aug. 9 last year and made public on March 14,

PHILIPPINEAIRLINES.COMFLAG CARRIER Philippine Airlines (PAL) is set to add seven more aircraft to its fleet this year as it moves to bring back its pre-pandemic portfolio while expecting this year’s expenditure (capex) to almost double.“It is a mix of dollars and pesos. The capex is

MAYNILAD Water Services, Inc. targets to spend P178 billion for its wastewater management program from 2023 to 2046, the company announced on Wednesday.In a media release, the west zone water concessionaire said that it plans to expand its sewer coverage and manage water pollution.“Besides improving

THE food division of listed firm San Miguel Food and Beverage, Inc. reported a 21% rise in net income to P9.2 billion in 2022, citing double-digit revenue growth for most of its business segments.In a media release, the division — San Miguel Foods — described

THE Securities and Exchange Commission (SEC) has warned the public against two entities engaging in lending and financial activities, as they have not secured the license or necessary documents.The regulator has identified these entities as Philippines First Circle Micro Loan Co. Ltd. and Easy Loan

NEWSROOM.AIRASIA.COMAIRASIA Philippines expects seat sales and a lower fuel surcharge for domestic and international flights in April to boost flights’ load factor in the second quarter.On Wednesday, the Civil Aeronautics Board (CAB) set the applicable fuel surcharge rates for domestic and international flights at Level

PROPERTY developer D.M. Wenceslao and Associates, Inc. posted a 3% profit growth to P2.1 billion last year largely on contributions from expansion projects and despite economic headwinds.“We kept our leverage ratios low with peso-denominated and fixed-rate debt that kept us insulated from forex fluctuations and

MANILA Water Co., Inc. said it would maximize the production of its treatment plants and water sources to meet an expected surge in demand during the summer months.“These measures are part of Manila Water’s commitment to ensure that our customers continue to receive 24/7 water

PHILSTAR FILE PHOTOTHE Department of Information and Communications Technology (DICT) said it expects a decline in the number of activated subscriber identity modules (SIMs) after the April 26 deadline.“We won’t reach 100% because many will voluntarily deactivate their SIM cards,” DICT Undersecretary Anna Mae Y.

The Philippines’ rank improved five notches to 69th out of 131 countries and territories in the 2022 edition of the World Air Quality Report by the Swiss air quality technology company IQAir. The country’s air quality — as measured by annual average concentration of PM2.5