Retail pump prices surged by over P1 per liter this week, marking the second straight week of hikes, as geopolitical and market dynamics tighten global supply.
PetroEnergy Resources Corp. (PERC) announced that its affiliate, San Jose Green Energy Corp. (SJGEC), has secured a P498-million term loan facility from Rizal Commercial Banking Corp. (RCBC) to partially finance its 19.6-megawatt solar power project in San Jose, Nueva Ecija.
Emperador Properties, the real estate investment arm of Filipino businessman Andrew L. Tan, has acquired full ownership of Caleido, a landmark mixed-use complex in Madrid's prestigious Cinco Torres Business District.
Century Pacific Food, Inc. (PSE: CNPF), a top Philippine food company, has renewed its five-year contract with global coconut water leader The Vita Coco Company Inc., worth P14-billion.
Asialink Finance Corp. has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co. Ltd (Mega ICBC) that strengthens its capacity to extend timely and inclusive financing to micro, small, and medium enterprises (MSMEs) across the Philippines.
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.
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 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 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.