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PPA highlights ports resilience, readiness for rainy season

The Philippine Ports Authority (PPA) assured the public on Thursday that ports across the country are resilient and ready to withstand the challenges of the rainy season, emphasizing their role in sustaining economic activity and ensuring passenger safety.

BDO CEO gets P35M in property dividends

Nestor V. Tan, president and chief executive officer of BDO Unibank Inc.,has received P35 million worth of  shares as property dividends issued by the banking arm of the SM Group.

IDC Homes plans twin JV projects in Palawan, Misamis

Italpinas Development Corp. said its board has authorized its subsidiary, IDC Homes Inc., to enter into two joint property development projects in Palawan and Misamis Oriental.

Grab Launches Philippines’ First All-Electric Taxi Fleet, Signaling Green Transport Shift

Grab Philippines has launched the country’s first fully electric, on-demand taxi fleet, signaling a major milestone in the nation’s transition toward sustainable urban mobility.

June power rates still unclear amid cost swings – Meralco

Electricity rates for June 2025 remain uncertain, according to the Manila Electric Co. (Meralco), citing mixed trends in key cost drivers such as transmission charges and generation costs.

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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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