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Benguet Corp. expects better 2025 results after decline in 2024

Corporate Context.ph Context.ph -
Benguet Corp. announced on Thursday that its audited financial statement for 2024 revealed a decline in net income to P436 million, down from P554 million in 2023. The drop was largely attributed to the mining company's debt settlement.

SRA taps Japanese savants in search of high-yield sugarcane

Agriculture Context.ph Context.ph -
The Sugar Regulatory Administration (SRA) has signed a memorandum of understanding (MOU) with the University of Tokyo aimed at improving sugar farming practices through knowledge exchange between the two nations.

GT Capital Holdings reports solid core growth amid slight net income decline

Corporate Context.ph Context.ph -
GT Capital Holdings Inc., the investment arm of the Ty family, reported a slight one percent dip in consolidated net income for 2024, totaling P28.8 billion, compared to P29.3 billion the previous year.

Pru Life UK strengthens leadership in the Philippines

Banking & Insurance Context.ph Context.ph -
Pru Life UK has boosted its position as top life insurer in the Philippines, based on its performance for 2024. According to the Insurance Commission, the insurer reported a new business annual premium equivalent (NBAPE) of P9.8 billion, leading the industry and marking a 33 percent quarter-on-quarter growth in Q4 2024.

DA proposes nationwide food hubs, long-term logistics solutions

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) has presented a proposal to President Ferdinand Marcos Jr. for the development of food hubs across the country, aimed at addressing agricultural logistics and availability.
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Eala’s HK Open final ends in heartbreak, but ranking soars

Sports & Entertainment 0
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 

Energy & Mining 0
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

Corporate 0
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

Transport & Logistics 0
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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