Mining groups urge release of detained nickel executive
Local mining associations are calling for the immediate release of Global Ferronickel Holdings Inc. (FNI) chairman Joseph Sy, who was arrested by the Bureau of Immigration (BI) on 21 August 2025 over alleged misrepresentation of his citizenship.
DALI operator Hard Discount posts wider losses despite revenue surge
Hard Discount Philippines Inc. (HDPI), operator of the fast-expanding DALI Everyday Grocery chain, reported a deeper net loss of ₱1.97 billion in 2024, slightly higher than the ₱1.9 billion loss in 2023, despite a strong 52 percent jump in revenues to nearly ₱34 billion.
Relocations reshape property market
Corporate relocations, particularly by government agencies, and the decentralization of business operations are reshaping the Philippine real estate landscape, according to property consultant Prime Philippines. The firm noted that pending public sector relocations in Metro Manila could boost office occupancy, while business process outsourcing (BPO) growth continues to spur demand in regional hubs such as Clark, Cebu, Davao, Iloilo, and Bacolod.
Tanduay profit soars 91% in 1H25, boosting market and corporate strength
Tanduay Distillers, Inc. (TDI), the liquor and spirits subsidiary of LT Group, Inc. (LTG), posted a 91 percent surge in net income for the first half of 2025, signaling a significant uplift in its financial and market performance. Net income reached P1.36 billion, nearly double the P712 million recorded in the same period last year.
APECO offers Itself as gateway to East Asia, US West Coast
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a strategic gateway for Indonesian exporters to reach Northeast Asia and the U.S. West Coast, highlighting its location in Casiguran, Aurora as the Philippines’ closest direct access point to the Pacific.
