Core unit contributions push Ayala Corp. income 39% higher in 2023
Conglomerate Ayala Corp. on Wednesday reported net income growing 39 percent in 2023 to P38.07 billion from P27.39 billion in 2022 on the back of strong contributions from its banking, property development and energy businesses. Revenue grew 11 percent to P341.89 billion from P306.64 billion.
Mined metals value up 4.8% in 2023 to P249 billion
Improved metals prices, particularly in gold and nickel, allowed the country's metallic minerals industry to grow 4.8 percent in 2023 to P249.05 billion from only P237.66 billion in 2022, the Mines and Geosciences Bureau (MGB) reported on Wednesday,
PhilMech distributes equipment under Rice Fund; allots P24.9B-fund for procurement
The Philippine Center for Postharvest Development and Mechanization (PHilMech) has distributed 26,412 farm equipment over the last four years through the mechanization program bankrolled by the Rice Competitiveness Enhancement Fund, or Rice Fund.
Globe completes deployment of cell sites powered by hybid gensets
Globe Telecom Inc. on Wednesday completed the deployment of hybrid solar power across 26 sites nationwide. Their completion forms part of their commitment to...
Lazada-IPOPhl tandem seeks out recidivist fraudsters online under new pact
Leading e-commerce platform Lazada and the Intellectual Property Office of the Philippines (IPOPHL) are partners in a program battling counterfeiting and piracy by ensuring that both seller and consumer trade safely and trust the online marketplace.
