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SM Investments Corporation (SM Investments) reported consolidated net income of P82.6 billion in 2024, a seven percent increase from P77.0 billion in 2023. Consolidated revenue also grew by six percent, reaching P654.8 billion, up from P616.3billion in the previous year.

The Department of Energy (DOE) said that South Korea’s Korea Electric Power Co. (Kepco) has reaffirmed its commitment to continue investing in the Philippines, particularly in the renewable energy (RE) sector. The declaration follows a courtesy meeting Thursday between DOE secretary Raphael Lotilla and Kepco president Kim Dong-Cheol.

NLEX Corp. announced on Friday that it will implement toll rate increases starting March 2, 2025, affecting both the open and closed systems. The open system will see an additional P5.00 charge, while the closed system will incur a P0.72 per kilometer increase.

D&L Industries Inc. said Friday its recurring income in 2024 rose 2 percent year-on-year to P2.3 billion, buoyed by gains from the operation of its recently opened manufacturing facility in Batangas.

DigiPlus Interactive Corp.  has named Graham Tidey as the country manager for its wholly-owned subsidiary, DigiPlus Brazil Interactive Ltda., an appointment that could determine the trajectory of its maiden foray into Brazil’s rapidly growing iGaming sector.