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P2-B Clark food hub project gains momentum with DOTr, CIAC backing

The Department of Agriculture (DA) announced over the weekend accelerated plans for a major agri-logistics hub in Pampanga, with corporate and inter-agency support from the Department of Transportation (DOTr) and Clark International Airport Corp. (CIAC), signaling a significant commercial pivot in the country’s agricultural infrastructure strategy.

Italpinas doubles profits on strong provincial sales

Boutique property developer Italpinas Development Corp. (IDC) reported a 102 percent increase in net income for 2024, reaching ₱376.8 million, up from ₱186.3 million the previous year.

SMC Tollways posts 10% profit growth in 2024, boosted by higher traffic volume

SMC Tollways Corp. reported a 10 percent increase in net income for 2024, driven primarily by a rise in vehicle traffic across its toll roads.

Meralco upgrades Quezon substation to support growing power demand

The Manila Electric Company (Meralco) has energized a newly upgraded Tayabas Delivery Point Substation, tripling its capacity from 100 megavolt-amperes (MVA) to 300 MVA.

Security Bank expands branch network to boost regional reach

Security Bank Corp. has announced the expansion of its branch network with the opening of a new branch in San Mateo, Rizal, and the formal inauguration of its Batac, Ilocos Norte and Ipil, Zamboanga Sibugay locations.

Just in

Eala’s HK Open final ends in heartbreak, but ranking soars

The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.
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