SIA unit expands MRO operations to NAIA
SIA Engineering Company (SIAEC), a leading aircraft maintenance, repair, and overhaul (MRO) provider in the Asia-Pacific region, is expanding into the Philippines.
WESM power rates up 3.4% in July amid supply constraints
The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
SMFB posts 15% rise in 1H net income
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.
Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions
Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.
GCash adds responsible gambling safeguard to platform, backing regulatory push
GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.
