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URC Q1 net income rises 21% on higher volume and margin growth

Universal Robina Corporation (URC) posted sales of P42.6 billion for the three months ending 31 March 2024, up 7 percent versus the same period last year, with higher sales volumes across all divisions driving strong growth. 

NLEX spending P8 billion to boost traffic flow along network of expressways

NLEX Corp. is investing more than P8 billion into expanding its network of expressways to improve traffic flow and connectivity.

UnionBank starts P1-billion stock rights offer on May 16

Union Bank of the Philippines will start on May 16 a stock rights offer that would raise P1 billion for the country’s 9th largest lender by assets.

Agricultural loans widen in the year Pres. Marcos Jr. sits as concurrent agri chief – survey

Agricultural loans and services as percent of the banks' loan portfolio in 2022 widened to 18.1 percent from only 17.6 percent in 2021, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

DITO narrows net loss in 2023 on strong revenue growth

DITO CME Holdings Corp., the telecom venture of Davao-based businessman Dennis Uy, said Thursday it narrowed net loss to P19.60 billion last year from P25.64 billion in 2022 as gross revenue rose faster than operating and other expenses.

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When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.

Lenovo unveils new AI PCs – performance without the premium price

Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.

Globe Platinum rethinks iPhone 18 launch with intimate dining events

Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.
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