The Philippines’ agricultural trade deficit narrowed in September to USD932.2 million, helped by a strong growth in farm exports and a slight decline in imports, according to data from the Philippine Statistics Authority (PSA).
Petron Corp., the country’s largest oil refiner and fuel retailer, reported a 37 percent increase in net income to ₱9.7 billion for the first nine months of the year, up from ₱7.1 billion in the same period last year.
Globe Telecom is stepping up efforts to boost online security nationwide through its growing application programming interface (API) ecosystem. The company is moving beyond traditional one-time passwords (OTPs) toward next-generation authentication methods designed to better protect users from phishing and online fraud.
Robinsons Land Corp. (RLC), listed propety development arm of the Gokongwei Group, posted a P3.30 billion profit in the third quarter, buoyed by strong performances across both its investment and development portfolios. Third-quarter results pushed net income attributable to the parent of P10.17 billion for the first nine months of the year—up 2 percent year-on-year.
Insular Life (InLife), the country’s first and largest life insurer, is challenging the long-held Filipino mindset of “bahala na” with its new campaign, “Bahala Not.”
The Department of Agriculture (DA) has turned over a state-of-the-art Rice Processing System II (RPS II) worth P60.6 million to the Isabela Seed Grower’s Multi-Purpose Cooperative under the Rice Competitiveness Enhancement Fund (RCEF) mechanization program on Thursday, November 6.