AS OF THE end of the third quarter, Colliers data showed that office space vacancy rose to 18.6% from 18.3% the previous quarter due to space resulting from POGO lease terminations and nonrenewal of pre-pandemic leases. — PHILSTAR FILE PHOTOTHE

PHILIPPINE STAR/MICHAEL VARCASMANILA Electric Co. (Meralco) expects to refund around P16 billion to its customers once the energy regulator finalizes the fifth regulatory reset, which reviews and sets the distribution rates for 2022 to 2026.The refund will be issued only

BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bonds (T-bonds) it offered on Tuesday at a lower average rate on the back of strong demand for longer tenors amid better yields.The Bureau of the Treasury (BTr) raised

TO DATE, Globe’s tower sale and leaseback agreement with Unity has generated a total of P3.7 billion. — GLOBE.COM.PHGLOBE Telecom, Inc. has completed the sale of 25 telecommunications towers to Unity Digital Infrastructure, Inc. for P300 million.This development marks the

METROBANK.COM.PHMETROPOLITAN Bank & Trust Co.’s (Metrobank) net income rose by 11.35% in the third quarter amid higher revenues as it booked growth in both interest and non-interest earnings.The Ty-led bank’s attributable net profit stood at P12.124 billion in the three