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DPWH fast-tracks Bucana Bridge completion

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 expands cement output by 26%

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.

Higher interest income lifts Chinabank 1Q profit

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.

PGMC ships first nickel ore of 2025

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. 

Appdome unveils industry’s most advanced mobile bot defense

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.

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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

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.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

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 brings updated electric VF 8 SUV to Manila

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.
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