The Department of Public Works and Highways (DPWH) announced on Friday that the ₱3.12-billion Davao River (Bucana) Bridge Project is on pace for early completion by November this year, ahead of its original late-2025 target, marking a key milestone in the government’s flagship infrastructure initiative.
Concreat Holdings Philippines Inc., a majority-owned subsidiary of DMCI Holdings, said the new production line at its Solid Cement Plant in Antipolo City became fully operational in April. The expansion boosts annual capacity by 26 percent to 7.2 million metric tons.
China Banking Corp., the country’s 6th largest lender by assets, sustained its strong performance in the first quarter, with higher interest income and continued loan expansion fueling a 10 percent growth in net income to P6.5 billion.
Platinum Group Metals Corp. said it has dispatched its first nickel ore shipment for 2025, kicking off a promising operational year for the mining arm in Surigao del Norte of diversified and listed conglomerate Global Ferronickel Holdings, Inc.
At RSAC 2025, Appdome launched its AI-native MobileBOT™ Defense profile, setting a new standard in mobile bot protection by delivering over 400 attack vector defenses in a single profile.
Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.
Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.
Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.
VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.