Philippine accepted as 15th member of CRIRSCO
MANILA, Philippines — The mining sector is seen benefitting from the acceptance as the 15th member of the Committee for Mineral Reserves International Reporting Standards (CRIRSCO)...
Lawmaker to Meralco: Refund customers
A LAWMAKER urged the Manila Electric Co. (Meralco) to return around P200 billion in overcharges to its subscribers, noting that the utility has been overcharging customers...
Binance CEO Zhao resigns
WASHINGTON, D.C.: Binance chief executive Changpeng Zhao pleaded guilty on Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he...
Construction firms rally behind Megaworld
MAJOR real estate contractors and construction firms expressed their support for property giant Megaworld in its legal battle against construction firm Datem Inc. Megawide Construction Corp....
House panel OKs amendment lowering corporate income tax to 20%
The House Committee on Ways and Means on Tuesday approved a bill that would amend the CREATE law and further decrease income tax for domestic and...
Oil firms implement another round of rollbacks
MANILA, Philippines — Local oil firms are implementing another round of price rollbacks today, extending the reductions for diesel and kerosene to a fourth straight week,...
Universal Robina loses profiteering challenge
THE Supreme Court has junked a petition, filed by one of the country’s largest food and beverage companies, that sought to declare the Price Act’s anti-profiteering...
AEV, CCEP ink deal to buy Coca-Cola PH
ABOITIZ Equity Ventures Inc. (AEV) on Monday said that it had signed an agreement, along with Coca-Cola Europacific Partners Plc (CCEP), to jointly acquire Coca-Cola Beverage...
Aboitiz Group set to acquire CCBPI early next year
MANILA, Philippines — Cebu-based conglomerate Aboitiz Group has moved a step closer to acquiring Coca-Cola Beverages Philippines Inc.(CCBPI). This, as Aboitiz Equity Ventures (AEV) has signed...
Gasoline prices down for 3rd straight week Tuesday; diesel, kerosene for fourth
Pump prices of petroleum products will be rolled back on Tuesday to mark the third straight week of price cuts for gasoline and the fourth for...