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Axelum swings to net profit in 1H on strong revenue growth, tempered expenses

Axelum Resources Corp., a leading fully-integrated manufacturer and exporter of premium coconut products, said Monday it booked a net profit of P208.2 million in the first half, a sharp reversal from the P126 million net loss in the year-earlier period, on the back of strong revenue growth and tighter control on expenses.

Double Olympic gold for Filipino gymnast Carlos Yulo in Paris

A day after becoming the first Filipino male athlete to win an Olympic gold medal, Yulo followed up with a second gold medal at the Summer Games, winning the vault competition to more than make up for missing the podium in Tokyo three years ago.

PBBM inducts APJ-Samahang Plaridel Foundation, Inc. officers in historic Kalayaan Hall, Malacanang Palace

President Ferdinand R. Marcos, Jr., more popularly known as PBBM, joins officers and trustees of the Association of Philippine Journalists-Samahang Plaridel Foundation, Inc. for a posterity photo after administering their oath of office at Malacanang’s Kalayaan Hall.

Lady boxers win quarterfinals, guarantee Philippines 2 Olympic bronze medals

The Philippines was assured of two more Olympic medals on Sunday as lady boxers Nesrthy Petecio and Aira Villegas got through the quarterfinals at the Paris Games.

Taguig RTC extends restraining order vs Meralco CSP another 20 days

The Taguig City Regional Trial Court (RTC) has extended by 20 days the 72-hour restraining order against the Manila Electric Co. (Meralco), preventing the power distributor from contracting 1,000 megawatts (MW) worth of power via the competitive selection process or CSP.

Just in

AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.
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