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Security Bank profit rises amid higher provisions

Security Bank Corp. posted stronger first-quarter earnings as higher revenues and tighter cost controls boosted core profitability, even as the lender increased provisions to cushion against evolving market risks.

PLDT profit up in Q1 as data fuels growth

PLDT Inc. posted a modest earnings increase in the first quarter of 2026 and signaled disciplined spending for the year, as strong demand for data, broadband, and enterprise digital services offset lingering weakness in legacy businesses.

Goldilocks shifts Cebu plant to solar power

Goldilocks Bakeshop has partnered with First Gen to operate a new solar power facility for its production plant in Lapu-Lapu City, Cebu, marking a major step in the bakery chain’s sustainability efforts.

Gov’t sets ₱50/kg cap on imported rice amid rising inflation

The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.

Just in

BIR pilots digital trade window, streamlines import process

Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

CIAC, Jamco seal P600-M Clark expansion deal

Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.

ABI Pascual leads Laguna 100-day milk program

A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.
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