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Semirara Mining net income down 30% to P27.9B in 2023

Semirara Mining and Power Corp. said Wednesday that its net profit last year dropped 30 percent to P27.9 billion, still the second highest in...

Residential projects, malls drive Filinvest Land 2023 net profit to P3.77B, up 30%

Filinvest Land Inc., one of the leading real estate developers in the country, said Wednesday net profit last year rose 30 percent to P3.77 billion on...

Strategic agility drives Megaworld net profit 29% higher to P17.3B in 2023

Megaworld Corp. said Wednesday its net profit last year jumped 29 percent year-on-year to P17.3 billion, underscoring the gains from the strategic agility exhibited...

ACEN Australia secures AUD150M green loan for renewable energy project

ACEN Australia, a subsidiary of Ayala Group’s renewable energy arm ACEN Corp., has secured a total of AUD150 million green term loan from the...

Philex completes USD170M loan package for Silangan Project

Silangan Mindanao Mining Co., Inc., a wholly owned subsidiary of Philex Mining Corp., one of the largest gold and copper producers in Southeast Asia, signed a deal for additional USD70 million with additional lenders who syndicated the credit facility.

Just in

Fuel rewards campaign drives loyalty beyond pump

In a market where rising fuel prices test both patience and wallets, Rizal Commercial Banking Corp. and SEAOIL Philippines have turned everyday spending into something closer to aspiration. 

Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
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