Globe Telecom Inc. has secured the green light from the Philippine Competition Commission (PCC) to proceed with the sale of its 77 percent stake in Electronic Commerce Payments Inc. (ECPay) to Globe Fintech Innovations Inc. (Mynt), the operator of leading e-wallet platform GCash.
Telecom giant PLDT Inc. reported an 8 percent year-on-year decline in net income for the first quarter of 2025, as a softer market environment weighed on overall profitability. The company posted a net income of ₱9.02 billion for the January–March period, down from ₱9.82 billion in the same quarter last year.
Cebu Pacific on Thursday reported an 18.3 percent year-on-year increase in passenger traffic for April 2025, carrying 2.3 million travelers, underscoring sustained demand for air travel and bolstering the Gokongwei-led carrier’s post-pandemic recovery trajectory.
Filinvest Development Corp. (FDC) reported a 25 percent increase in net income to ₱3.6 billion in the first quarter of 2025, up from ₱2.9 billion in the same period last year, as all major business units—from banking to sugar milling—posted solid performance, the company said Wednesday.
The Philippine Nickel Industry Association (PNIA) on Thursday welcomed the landmark Supreme Court (SC) decision invalidating Occidental Mindoro’s 25-year mining ban that resolves long-standing regulatory ambiguities and reaffirms the legal primacy of national laws over local ordinances in natural resource governance.
Thirty years ago, Ronald McDonald House Philippines began helping Filipino children get an early start in learning. Today, its idea of caring for children has grown beyond the classroom to include a place where parents can catch their breath while their little ones receive medical care.
Specialized technology professionals can command monthly salaries of up to P158,000 in the Philippines, as companies compete for workers with hard-to-find skills amid expanding digital operations and artificial intelligence adoption, according to Jobstreet by SEEK.
The Department of Agriculture has opened a South Korean-backed smart greenhouse in Kalibo, Aklan. Funded by KOICA, this facility offers a climate-controlled growing space that lets farmers produce crops reliably all year, no matter the weather. It means better harvests, consistent quality, and higher incomes for local growers.
Government employees and pensioners are reporting big savings on power bills—down from ₱5,000–₱7,000 to as low as ₱300—under GSIS’s Ginhawa Solar Energy Loan program. Launched in March 2026, the program has drawn 66,233 applications worth ₱19.81 billion. As of today, ₱10.12 billion has been disbursed, with ₱57.17 million more approved, bringing total granted funds to ₱10.18 billion. Another ₱87.37 million is currently being processed.