Wilcon Depot profit drops 27% amid weak early-year demand, eyes Recovery in 2H
Wilcon Depot Inc. reported a 27 percent drop in net income for the first quarter of 2025 to ₱536 million, down from ₱740 million in the same period last year, as weaker store sales weighed on performance despite modest expansion.
DOTr orders mandatory drug, alcohol testing for PUV drivers to boost road safety
In a move to strengthen passenger safety and ensure roadworthiness across the nation’s land transport system, the Department of Transportation (DOTr) on Monday issued Department Order No. 2025-008, mandating comprehensive alcohol and drug testing for all drivers of public utility vehicles (PUVs), including motorcycle taxi riders.
Ban on South Korean pork products lift
The Department of Agriculture (DA) has lifted its years-long ban on the importation of processed pork products from South Korea, helping ease domestic pork supply pressures and signaling a renewed chapter in agricultural trade between the two nations.
Concreat eyes turnaround amid industry headwinds with expansion and DMCI synergy
Concreat Holdings Philippines Inc., formerly Cemex Holdings Philippines Inc., is aiming to reverse its fortunes over the next three years despite ongoing challenges in the cement industry.
ICTSI 1Q profit rises 14% on strong global port operations
International Container Terminal Services Inc. (ICTSI) reported a 14 percent year-on-year rise in net income to USD239.54 million in the first quarter of 2025, propelled by strong performance across its global port operations, the company announced Monday.
