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Banking, power, real estate earnings lift Ayala profit in spite of one-off charge

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Ayala Corp., the diversified conglomerate of the Ayala Group, reported Friday a first half net income of P18.41 billion, a 13 percent year-on-year gain...

Unwanted mobile messages keep coming but Globe trashes them quickly

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Globe Telecom Inc. has deactivated 58,234 SIMs linked to fraud and malicious texts in the first half of the year through its stop spam...

DoubleDragon preparing CentralHub unit for IPO as industrial REIT

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DoubleDragon Corp., the listed property developer partly owned by billionaire Edgar “Injap” Sia, is building up the portfolio of unit CentralHub—landlord of various warehouse...

Food, property, airline business spur earnings surge at JG Summit

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JG Summit Holdings Inc., the diversified conglomerate of the Gokongwei Group, said Friday strong performances delivered primarily by its food, real estate and airline...

Contraction in 2Q government spending  prompts Budget catch up plan

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A sharp quarter-on-quarter contraction in government spending in the second quarter may have spurred the Department of Budget and Management to issue on Thursday...
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Meralco holds animal welfare event for anniversary

Corporate Bulletins 0
The Manila Electric Company (Meralco) marked its 123rd founding anniversary by hosting an animal welfare event aimed at promoting responsible pet ownership, public health, and safer communities.

Biofuels pushed as buffer vs oil supply risks

Energy & Mining 0
Stakeholders in the local biofuels industry are urging the government to maximize the use of locally produced biofuels to help protect the country from possible fuel supply disruptions caused by the continuing conflict in the Middle East.

DA-FTI assures sufficient P20 rice supply, urges responsible purchasing

Agriculture 0
The Department of Agriculture (DA) and state-owned Food Terminal Inc. (FTI) on Friday urged Filipinos not to abuse the government’s subsidized rice program, warning that unusually large crowds at distribution sites are creating the false impression of a supply shortage.

Salceda sees crude oil above $80/barrel, volatility easing

Energy & Mining 0
Crude oil prices are likely to remain above USD80 per barrel in the coming weeks, but the era of massive pump price surges may already be fading, according to economist and former Albay congressman Joey Salceda.
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