FNI profit triples in 1H 2025 on surging nickel prices
Global Ferronickel Holdings Inc. (FNI) reported a threefold increase in net income for the first six months reaching ₱622.1 million, up from ₱207.08 million in the same period last year, as disclosed to the Philippine Stock Exchange on Thursday.
Gold output drop weighs on OceanaGold earnings
OceanaGold (Philippines) Inc. (OGP), a publicly listed mining firm, reported a 14.4 percent year-on-year decline in net income to US$22 million for the first half of 2025, down from US$25.7 million in the same period last year.
DOE breaks ground on 99 MW solar project in South Cotabato
The Department of Energy (DOE) on Thursday led the groundbreaking ceremony for the 99-megawatt Tantangan Solar Project in South Cotabato, a major step toward boosting the country's renewable energy capacity.
CREC targets completion of 125-MW solar plant by year-end
Citicore Renewable Energy Corp. (CREC) is poised to complete the first phase of its 125-megawatt (MW) solar project in Sta. Barbara, Pangasinan by the end of 2025, reinforcing its aggressive five-year renewable energy expansion strategy.
DA stands by cheap rice program for farmers despite criticism
The Department of Agriculture (DA) reaffirmed its commitment to the ₱20 per kilogram rice program for smallholder farmers, pushing forward with its nationwide expansion despite criticism that it is a stop-gap, short-term measure.
