NLEX Corp. on Monday reported a 21 percent rise in net income to ₱12.07 billion in 2024, up from ₱10.01 billion the previous year, driven by increased toll revenue and disciplined cost management, the company announced.
Officials from Japan and the Philippines marked on Monday the successful connection of one of the twin tunnels of the Davao City Bypass project — the longest mountain tunnel in the country at 2.3 kilometers.
LBC Express Inc., the country's foremost courier, cargo, and remittance service provider, is reinforcing its dominance in the logistics and e-commerce sectors through a strategic focus on digital transformation and nationwide connectivity, backed by its ongoing partnership with Converge ICT Solutions Inc.
Motorists and businesses alike face higher fuel costs this week as the various oil companies announced another round of price hikes set to take effect Tuesday.
PLDT Enterprise and the Philippine Franchise Association (PFA) are continuing their more than two-decade-long partnership to drive the digital transformation of the country's franchise sector, a critical contributor to the economy.
US consumer prices rose more than expected in October, strengthening expectations that the Federal Reserve will raise interest rates next month, lifting yields and pressuring equities.
The Philippines remains hopeful of signing the master agreement for the proposed Pax Silica advanced manufacturing hub before yearend, with negotiations progressing and no major substantive issues threatening a deal, Trade Undersecretary Ceferino Rodolfo said.
Foreign direct investment (FDI) into the Philippines recorded a net inflow of $4.8 billion during the first eight months of 2026, dropping from the $5.9 billion registered in the same period last year, the Bangko Sentral ng Pilipinas (BSP) on Tuesday reported.
Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.