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Monde Nissin core income rises 16% in first half on strong biscuits, new product sales

Monde Nissin Corp. reported Wednesday that its core income climbed 16 percent to P5.49 billion in the first half of the year, up from P4.73 billion in the same period last year, driven by stronger sales of biscuits and other newer product lines.

SMIC sees retail growth as consumer spending holds

SM Investments Corp. (SMIC) expects its retail business to maintain its growth momentum in the second half as resilient consumer spending, easing inflation, and...

CREIT earns P686M, sees renewable energy growth 

Citicore Energy REIT Corp. (CREIT), the Philippines’ first renewable energy real estate investment trust, posted P686 million in net income in the first half of 2026 as built-in lease escalations across its solar land portfolio supported recurring earnings.

Century Properties 1H net income falls 3% amid higher costs; horizontal business drives growth

Century Properties Group Inc., led by the Antonio group, reported on Wednesday a 3 percent drop in first-half net income to P1.18 billion, down from P1.22 billion a year earlier, due to higher interest expenses and income taxes.

ABG expands capital base, eyes integrated growth

Asiabest Group International Inc. is bulking up its capital base and business portfolio as it moves to build an integrated platform spanning logistics, construction,...

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DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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