A moderately explosive eruption occurred at Kanlaon Volcano early Tuesday, sending a 4.5-kilometer-high ash plume southwest and triggering pyroclastic materials down its southern slopes, PhilVolcs reported. Audible rumbling and light ashfall were reported in nearby towns, while ballistic fragments ignited vegetation near the summit. The eruption lasted five minutes, with thermal and visual monitoring confirming localized impacts. With Alert Level 3 still in effect, magmatic unrest continues, raising the risk of further short-lived eruptions that could pose serious hazards to communities within the danger zone. Damage caused by this latest Kanloan eruption has yet to be reporter.
AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc., reported a 43 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱2.1 billion from ₱1.5 billion, buoyed by strong asset performance and expanded property infusions.
International Container Terminal Services, Inc. (ICTSI) has announced the completion of Phase 1 of a quay upgrade at its Baltic Container Terminal (BCT) in the Port of Gdynia, aimed at boosting the port’s ability to handle larger vessels and expanding its commercial throughput capacity.
DMCI Holdings Inc. expressed cautious optimism over its medium-term prospects, highlighting strong growth potential in its utilities, power, and mining businesses, alongside expanding opportunities in infrastructure construction.
Globe Telecom Inc. affirmed its guidance of low to mid single-digit revenue growth for 2025, even as it posted a 3 percent decline in gross service revenue in the first quarter amid market headwinds.
The Department of Agriculture has lifted its temporary ban on poultry imports from Belgium after Philippine veterinary authorities concluded that the European nation had established sufficient safeguards against High Pathogenicity Avian Influenza (HPAI).
The Filinvest Group inaugurated its first large-scale solar power project, a 20.774-megawatt peak (MWp) facility located in the PHIVIDEC Industrial Estate, Tagoloan, Misamis Oriental.
Isuzu Philippines Corporation (IPC) reinforced its commitment to aftersales excellence with the conclusion of the 21st Isuzu Service Skills Olympics (ISSO), a nationwide program designed to sharpen the technical and customer service capabilities of dealership personnel.
The Aboitiz Foundation is expanding its digital workforce development efforts with AIDA Plus, a new skills-to-employment platform designed to prepare more Filipinos for opportunities in the growing digital economy.