PAGCOR net income surges on gaming growth
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 49 percent jump in net income to P14.32 billion in the first nine months, driven by stronger gaming operations and improved efficiency across its business units.
SM Investments wins Platinum Award for Asia’s Best Materiality Reporting
SM Investments Corp. (SM Investments), the parent company of the SM Group, received the Platinum Award for Asia’s Best Materiality Reporting at the 11th Asia Sustainability Reporting Awards (ASRA)held recently at the Grand Hyatt Singapore.
Tino spares rice, threatens corn – Tiu Laurel
Agriculture Secretary Francisco P. Tiu Laurel Jr. said Wednesday he does not expect Tropical Cyclone Tino’s impact on the Visayas and parts of Mindanao to upset the country’s rice supply but warned that corn production may suffer significant losses.
D&L Industries posts solid 9-month earnings
D&L Industries reported recurring income of P1.95 billion in the first nine months, an 8 percent increase year-on-year. In the third quarter alone, recurring income reached P554 million, up 12 percent, driven largely by resilient volume growth despite elevated coconut oil prices.
ACEN’s 400-MW solar project in Australia now fully operational
ACEN Corp., the renewable energy arm of Ayala Corp., announced that its Australian subsidiary, ACEN Australia, has achieved full commercial operations for the 400-megawatt (MW) Stubbo Solar project in New South Wales.
