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Citicore Renewable secures P4.4B loan for solar

Citicore Renewable Energy Corp. (CREC) secured a P4.4 billion project finance loan to support the development of its 125-megaWatt-hour Citicorp Solar Pangasinan project.

Nickel Asia 1H profit surges 88% on higher ore prices

Nickel Asia Corp. (NAC) posted an 88 percent increase in attributable net income to ₱2.10 billion in the first half of 2025, up from ₱1.12 billion a year earlier, driven by a sharp rise in average ore prices, the company told the Philippine Stock Exchange.

Monde Nissin 1H profit slips 7% on APAC weakness, FX loss

Monde Nissin Corp. reported a 7 percent year-on-year decline in attributable core net income to ₱4.73 billion in the first half of 2025, down from ₱5.1 billion, primarily due to weaker performance in its branded food and beverage (BFB) business across the Asia Pacific and a foreign exchange loss, the company said Wednesday.

1Q GDP growth holds at 5.4% after revisions

Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said. Data for second-quarter GDP...

Filinvest REIT declares dividends, expands mall portfolio

Filinvest REIT Corp. (FILRT) declared a cash dividend of P0.062 per common share, raising the total year-to-date dividends to P0.186 per share, representing an annualized yield of 7.1 percent based on the August 5 closing price. 

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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.
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