Palay prices soften further in July as global price slips—PSA data
The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
ABS-CBN narrows losses in 1H 2025
ABS-CBN Corp. reported a 60 percent reduction in net losses for the first half of 2025, reflecting improved commercial performance and strategic cost controls, amid stronger election-related advertising.
CLI 1H profit rises 13% on real estate, hotel gains
Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
ADB OKs US$400M loan for Philippine food program
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
Better interest margin, trading gains lift Security Bank 1H profit
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
