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Associate sales, forex push Concepcion Industrial 2Q income 33% higher

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Concepcion Industrial Corp., manufacturer of refrigerators and air-conditioning, on Thursday reported income rising 33 percent in the second quarter to P350.3 million from last...

Lower foot traffic, slower private construction hurt Wilcon 1H net income

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Wilcon Depot, Inc., the country’s leading home improvement and finishing construction supplies retailer, on Thursday reported a 2.1 percent decline in first-half net income...

Max’s adds e-bikes to its delivery fleet

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Casual dining operator Max’s Group Inc. has added a fleet of electric bicycles to cater to the delivery orders of diners in densely populated...

Lower Padcal mine output weighs down Philex core net income in 1H

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Philex Mining Corp., one of Southeast Asia’s largest gold and copper producers, said Thursday that first-half core net income dropped 47 percent to P702...

Blu Girls miss softball World Cup wild card slot, yields to Group C host Italy

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The Blu Girls, the Philippines’ national women’s softball team, missed a chance to secure a wild card slot at next year’s softball World Cup...
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DA, SRA race to secure sugar industry input amid Middle East disruption

Agriculture 0
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Corporate 0
Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

Top News 0
Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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