NLEX Corp. reports ₱7.3B 1H profit, up 31%
NLEX Corp. posted a 31 percent increase in net income to ₱7.3 billion in the first half of 2025, up from ₱5.5 billion a year ago, reflecting stronger operational and financial performance driven by higher vehicular traffic and toll rate hikes.
Converge seeks fair rules under Konektadong Pinoy Law
Converge ICT Solutions Inc. is calling on the government to establish clear and enforceable rules to ensure fair competition among telecommunications companies following the enactment of the Konektadong Pinoy bill, which recently lapsed into law.
DA to roll out digital nerve center for rice, food supply
The Department of Agriculture plans to soft-launch its Command Center—the digital nerve center that the DA hopes will drive smarter, data-driven management of the...
BSP rate cut likely as inflation stays in check
The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver its third interest rate cut of 2025 later this week, trimming the benchmark rate by 25 basis points to 5 percent. Analysts cite a stable peso, subdued inflation of below one percent, and the need to support domestic demand in a sluggish global environment as key drivers of the anticipated move.
CSC secures first mining infra contract
Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.
