The Jollibee Group has received the 3G Excellence in Sustainability Reporting Award at the 10th Global Good Governance (3G) Awards, underscoring the company’s global leadership in transparent and accountable sustainability communications.
Consumer confidence in the economy declined further in the first quarter of 2025, according to the Bangko Sentral ng Pilipinas (BSP), as concerns over rising prices, shrinking incomes, and weaker job prospects weighed heavily on household sentiment.
The Energy Regulatory Commission (ERC) has summoned 22 generation companies to explain the persistent derating of 27 power facilities between January and April this year, citing concerns over the growing unreliability of energy supply to businesses and households.
The Japan Credit Rating Agency, Ltd. (JCR) has affirmed the Philippines’ sovereign credit rating at “A-” with a “stable” outlook, reflecting confidence in the country’s macroeconomic stability and growth trajectory.
Transportation Secretary Vince Dizon has urged MRT-3 maintenance provider Sumitomo Corp. of Japan to expedite safety testing for 48 unused China-made Dalian light rail vehicles (LRVs) to help expand the train line’s capacity.
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.