Globe Telecom Inc., a leading digital platform in the Philippines, has further advanced its tower sale and leaseback initiatives with two major partners—MIESCOR Infrastructure Development Corp. and Phil-Tower Consortium Inc. (PhilTower).
PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.
Meta, the parent company of Facebook and Instagram, reported stronger-than-expected quarterly results on Wednesday, sending its shares surging to record highs.
The Department of Energy (DOE) announced it will intensify efforts to address violations in the power industry, with a special focus on Siquijor Island following persistent power supply issues.
Public Works Secretary Vince Dizon has asked the Anti-Money Laundering Council (AMLC) to freeze over P474.5 million worth of luxury vehicles allegedly owned by individuals connected to anomalous flood control projects.
San Miguel Corp. (SMC) has renewed warnings about fraudulent schemes exploiting the name and likeness of its chairman and CEO, Ramon S. Ang, for profit. Scammers are circulating deepfake videos on social media platforms like TikTok, Facebook, and Instagram, digitally altering Ang’s image and voice to deceive people into clicking malicious links and transferring money.
President Ferdinand Marcos Jr. is moving to tighten the country’s rice import policy by extending the current two-month import suspension and raising tariffs on foreign rice, in a bid to stabilize palay prices and protect Filipino farmers during the peak of the harvest season.
The Philippines and Ukraine committed to bolstering their strategic partnership amid growing global security threats, during a high-level forum on Tuesday, co-hosted by the Stratbase Institute and the Embassy of Ukraine in the Philippines.