American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.
Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.
Cebu Pacific reported a narrower 43.78 percent drop in losses last year as its passenger service continued to recover.
The Gokongwei-led airline said net loss...
Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.
Ayala Corp. has been recognized as one of the Top 50 Publicly Listed Companies in ASEAN and among the Top 5 in the Philippines for exemplary corporate governance at the 2025 ASEAN Corporate Governance Conference and Awards (CGCA) held in July in Kuala Lumpur, Malaysia.
Motorists and enterprises will once again face higher fuel costs this week, as local oil companies announce another round of price hikes amid volatile global crude markets and currency headwinds.
SM Prime Holdings Inc., the country's largest integrated property developer, posted a record high first-half net income of P24.5 billion, marking an 11 percent increase from P22.1 billion year-on-year, driven by robust rental income, residential sales, and rising ancillary revenues.
PLDT Inc. and its wireless arm, Smart Communications, are ramping up efforts to support the government’s digitalization drive by collaborating with key agencies to dismantle regulatory barriers and fast-track infrastructure rollout, especially in underserved areas.