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Concepcion Industrial posts 15% profit growth in Q2

Concepcion Industrial Corp. (CIC), the Philippines’ leading provider of consumer lifestyle and enterprise solutions, reported a 15 percent year-on-year rise in net profit, reaching P355.4 million in the second quarter of 2025.

Globe offers free calls, charging to typhoon-hit communities

Globe Telecom is providing free call and charging services in typhoon-affected areas through its Libreng Tawag at Libreng Charging (LTLC) stations, delivering vital communication and power access to communities facing outages. Part of Globe’s #AlagangGlobe disaster response, the initiative helps residents reconnect with loved ones and reach assistance during ongoing recovery.

Google parent Alphabet Q2 results shine amid AI and Cloud surge

Alphabet Inc., the parent company of Google, exceeded expectations with its second-quarter earnings, driven by strong performance in search, cloud, and AI.

Mandaue reclamation project to proceed after 20-year delay

The Mandaue City reclamation project that will host a central business district and other amenities for the public will finally proceed shortly after more than 20 years of delay, the Mandaue Land Corp. (MLC) said in a statement.

Globe delivers high-speed mobile data to Batanes, boosting connectivity and commerce

Globe Telecom has expanded its LTE capacity in the Batanes Islands, delivering high-speed mobile data to residents and tourists through upgraded network sites powered by alternative and innovative transport technologies.

Just in

T-Bill yields surge amid inflation, policy concerns 

Philippine Treasury bill yields climbed again at Monday’s auction, fueled by inflation concerns, tighter monetary policy expectations, and geopolitical uncertainties.

Sugar surplus grows as local demand weakens— PSMA

The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.

Visayas grid on yellow alert again amid power plant outages

The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.

PAL, Qatar Airways expand partnership to boost Philippines–Europe travel links and loyalty benefits

The Philippine Airlines and Qatar Airways have expanded their strategic partnership to make travel between the Philippines, the Middle East, and Europe more seamless starting June 1, 2026.
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