WEAKER coal contribution pulled down Semirara Mining and Power Corp.’s (SMPC) net income in the first quarter by 39.9% to P9.03 billion from P15.03 billion a year earlier, the integrated energy company said on Wednesday.In a stock exchange disclosure, SMPC said its consolidated revenues for

AS FILIPINO Food Month was celebrated in April, one traditional dish made in Caloocan went viral on social media — ube champorado.Angelique & John Merienda is a small business selling a variety of traditional snack food including maja blanca, sopas, ginatang mais, palabok (a coconut

LT Group, Inc. (LTG) has named Lucio C. Tan III as its president after the year-long transition period, replacing his uncle Michael G. Tan, the company said in a statement on Wednesday.“During the transition, he shared decision-making responsibilities for business and operational matters with his

RJ JOQUICO-UNSPLASHTHE GOVERNMENT fully awarded the reissued 10-year Treasury bonds (T-bonds) it auctioned off on Wednesday as rates were lower than secondary market levels.The Bureau of the Treasury (BTr) raised P25 billion as planned from the reissued 10-year bonds it offered on Wednesday as total

1 of 7Conrad Manila marks Mother’s Day with floral cakesCONRAD Manila celebrates Mother’s Day with a selection of feasts and floral cakes. Bru Coffee Bar has three floral cake options — Rainbow Cake, Strawberry Shortcake, and Mango Cheesecake — each adorned with delicate sugar flowers

CEBU LANDMASTERS, Inc. (CLI) saw a 10% increase in its attributable net income to P888 million in the first quarter, driven by the strong performance of its business units.In a disclosure on Wednesday, the Visayas-Mindanao property developer reported that its consolidated revenues went up by

A board announcing the sale of a coronation ale called Return Of The King, is seen at the Windsor and Eton Brewery, in Windsor Britain, April 5, 2023. REUTERS/Peter Nicholls)LONDON — From tins of caviar to a celebration beer, businesses are seeking to entice royal

BW FILE PHOTOYIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) inched higher on Wednesday, with market players positioning ahead of an expected hike from the US Federal Reserve.Total demand for the term deposit facility (TDF) of the central bank amounted to

ABOITIZ POWER CORP.  (AboitizPower) is considering putting up an additional capacity of 1,200 megawatts (MW) through liquefied natural gas (LNG), its top official said.“We have land, that’s why we are actually doing the feasibility studies for our 1,200-MW LNG that would probably be… that we

JONAS LEUPE-UNSPLASHTHE PHILIPPINES could top other Asian countries in terms of payments digitalization in three to five years as more Filipinos go cashless, an official of a software company said.“My belief is that in the next three to five years, they’re going to be near