DA optimistic as palay output surges in Q3
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Friday announced a positive growth outlook for the agriculture and fisheries sector in the third quarter of 2025, with production value rising by 2.8 percent year-on-year, based on official government data. This growth was largely driven by stronger rice and poultry production, which together accounted for about two-thirds of the sector’s output.
Aramco acquires 25% stake in Unioil
Unioil Petroleum Philippines, Inc. announced on Friday the completion of its strategic partnership with Aramco, one of the world’s leading integrated energy and chemicals companies.
Data center leaders form alliance in boost to digital hub goals
Leading data center operators in the Philippines have officially united under the newly formed Data Center Operators of the Philippines (DCPH), aiming to position the country as Southeast Asia’s next digital hub.
IFC invests $100 million in Maynilad IPO
The International Finance Corporation (IFC), the private investment arm of the World Bank, has invested $100 million as a cornerstone investor in the initial public offering (IPO) of Maynilad Water Services, Inc., the largest water utility in the Philippines and Southeast Asia by active connections and population served.
Globe’s 9-month net income falls 14% amid industry challenges
Globe Telecom Inc. reported a 14 percent drop in net income for the first nine months of 2025, citing tough industry competition and economic disruptions from typhoons.
