Thursday, 25 September 2025, 6:56 am

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    Globe advances tower deal with MIDC, PhilTower

    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 widens 1H loss on weaker oil

    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.

    Chinabank delivers record P13B profit in 1H

    China Banking Corp. posted a record net income of P13 billion in the first half, up 14 percent year-on-year, driven by robust core business...

    Meta posts strong 2Q earnings, shares soar

    Meta, the parent company of Facebook and Instagram, reported stronger-than-expected quarterly results on Wednesday, sending its shares surging to record highs.

    Garin flags power crisis on Siquijor Island

    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.

    Just in

    DPWH chief targets P5B in corruption-linked assets

    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.

    SMC alerts public on scams using CEO Ramon Ang’s name

    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.

    PBBM eyes longer rice import ban, higher tariff

    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.

    Philippines, Ukraine deepen security, trade cooperation

    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.
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