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GT Capital rebalancing portfolio beyond banks, vehicles: rules out gaming

GT Capital Holdings Inc., the Ty family’s holding company, is prepared to invest up to USD200 million to diversify its business portfolio and reduce its reliance on the banking and automotive sectors.

Monde Nissin deploying P7.55B this year as capex

Monde Nissin Corp. has set aside P7.55 billion as capital expenditures this year, over 50 percent more than last year's P4.86 billion that underscores its commitment to strengthen its commercial operations, particularly the Asia Pacific branded food and beverage (BFB) division.

PT&T targets mid-year stock market return after 20-year hibernation

PT&T Corp., a leading telecommunications and IT solutions provider in the Philippines, is working toward resuming trading on the Philippine Stock Exchange (PSE) within the first half of 2025, following a voluntary suspension that has lasted nearly two decades.

NTT WE Marine expands PH submarine cable operations

Japan’s NTT World Engineering Marine Corporation (NTT WE Marine) is expanding its operations in the Philippines to meet the increasing demand for submarine cable installation and maintenance in the region.

NFA boosts buffer rice stock, cuts 2024 deficit amid challenges

The National Food Authority (NFA), a government agency under the Department of Agriculture, made significant strides in 2024, achieving its highest rice buffer stocks in years, improving its operations, and significantly reducing its deficit despite facing challenges stemming from a leadership change and an ongoing Ombudsman investigation.

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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