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Better branded food margins lift Monde Nissin profit; offset non-cash loss in 2Q

Monde Nissin Corp., the leading food producer behind "Lucky Me!" instant noodles, reported Wednesday that net income in the first half increased by 17.4 percent to P4.1 billion despite a substantial non-cash accounting loss booked in the second quarter.

Six-month SMFB income rises 6% to P20 billion

San Miguel Food and Beverage Inc. on Wednesday reported first-half income growing 6 percent to P20 billion from previous year’s P18.8 billion, driven higher by its liquor sales.

Nickel Asia board approves P3.06 billion short-term loan to renewable energy unit

Nickel Asia Corp., a diversified resource development company led by the Zamora Group, said Wednesday its board approved a short-term loan to its renewable energy subsidiary, Emerging Power Inc.

MUFG investment helps ease GCash need to raise funds from IPO

Globe Fintech Innovations Inc. (Mynt), the parent company of GCash, is in no rush to undertake an initial public offering (IPO) having already secured investments of $786 million from Mitsubishi UFJ Financial Group (MUFG) to help fuel its growth. 

ACEN affiliate proposes building 150 MW battery project in Rizal

Ingrid Power Holdings Inc. (IPHI) proposes building a 150-megawatt battery energy storage system (BESS) in Pililla, Rizal costing P6.88 billion, according to documents at the Department of Environment and Natural Resources (DENR).

Just in

Globe Platinum rethinks iPhone launch: dining, community, no crowds 

For years, new iPhone launches have meant long lines and midnight waits. This year, Globe Platinum transformed that tradition, turning the iPhone 18 release into an intimate celebration of innovation, dining, and community.

BPI turns saving into streaming rewards with ‘Save and Stream’ promo

The Bank of the Philippine Islands (BPI) is making saving more rewarding, launching a new program that lets customers build their savings while earning chances to win a year of Disney+ Premium access.

Salmon Group secures $140 million funding to accelerate financial expansion in PH

Technology-driven banking and lending platform Salmon Group has secured $140 million, around ₱8.8 billion, in new financing to accelerate its expansion across the Philippines. The capital injection marks a major milestone for the financial technology operator, reinforcing investor confidence in its business model and long-term growth trajectory within one of Southeast Asia's fastest-growing digital economies.

UNICEF, Novo Nordisk step up global fight vs childhood obesity; $18M for 80 million children

Novo Nordisk and UNICEF have announced a four-year expansion of their global partnership, committing USD 18 million from 2026 to 2030 to prevent childhood overweight and obesity and support a healthier start in life for over 80 million children worldwide.
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