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PH sugar output exceeds 2M MT, surpassing projections

The Sugar Regulatory Administration (SRA) announced that sugar production for crop year 2023–2024 has breached the 2 million metric ton (MT) mark, surpassing both initial and pre-final projections.

DOTr to build Talaba Station in P3-B LRT-1 extension push

The Department of Transportation (DOTr) will spend P3 billion to construct an additional station, theTalaba Stantion, under the Light Rail Transit Line 1 (LRT-1) Cavite Extension program, Transportation Secretary Vince Dizon announced Monday.

Manila terminal debuts zero-emission e-trucks

The Manila International Container Terminal (MICT), the flagship port of International Container Terminal Services, Inc. (ICTSI), has launched the first fully electric terminal tractors in the Philippines, marking a key milestone in sustainable port operations.

Aboitiz InfraCapital takes over Bohol-Panglao Airport operations

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has formally assumed operations of the Bohol-Panglao International Airport (BPIA), marking a major step in its strategic expansion across the Philippine aviation sector.

DICT targets 50% cut in PH internet costs by 2028

The Department of Information and Communications Technology (DICT) aims to reduce broadband internet costs in the Philippines by up to 50 percent over the next three years, DICT Secretary Henry R. Aguda told journalists at the Economic Journalists Association of the Philippines or EJAP Infrastructure Forum.

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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