AEV rebounds in Q2 2025, underscores strength of diversified portfolio
Aboitiz Equity Ventures, Inc. (AEV) reported a strong financial rebound in the second quarter of 2025, offsetting a subdued start to the year and highlighting the strength and adaptability of its diversified business portfolio.
Global food prices edge up in July, still below 2022 peak — FAO
The FAO Food Price Index rose by 1.6 percent in July to an average of 130.1 points, driven primarily by surging global prices of meat and vegetable oils, according to the Food and Agriculture Organization (FAO). Despite the monthly increase, the index remains 18.8 percent below its record high in March 2022, but 7.6 percent higher than in July 2024.
PSE lifts trading suspension on Asiabest Group
The Philippine Stock Exchange (PSE) has lifted the trading suspension on the shares of Asiabest Group International Inc. (ABG), effective 11:30 today, Friday, marking a significant milestone in the company’s corporate turnaround and strategic repositioning under new ownership and leadership.
Gov’t breaks ground on new Siargao Airport Terminal
The Department of Transportation (DOTr) and the Department of Tourism (DOT) officially broke ground on a new passenger terminal building (PTB) for Siargao Airport, aiming to enhance travel convenience and support the island's growing tourism sector.
Smart eyes comeback with Gen Z-Focused KiQ App
Smart Communications Inc., the wireless arm of PLDT Inc., is mounting a bid to reclaim its former lead in the domestic mobile market with the launch of KiQ, a fully app-based mobile brand tailored for Gen Z users.
