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Ayala Land cuts spending as profits drop

Ayala Land Inc. said it will reduce its capital spending this year to P50 billion, down by more than a third from its earlier plan of P70 billion to P80 billion, as earnings declined.

RRHI profit drops 35% in Q1 on higher costs

Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

Fuel prices seen rising again next week

A local fuel retailer said gasoline and diesel prices iare likely to increase again next week due to ongoing tensions between the United States and Iran.

Stronger dry-season rice harvest expected as palay prices recover

The Department of Agriculture (DA) expects a stronger rice harvest this dry season, helped by the recent increase in palay (unmilled rice) prices.

S.P. Madrid taps PLDT Enterprise for nationwide push

Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.

Just in

PhilCare launches HeyPhil 3.0, bringing 24/7 healthcare access via mobile app

PhilCare has launched HeyPhil 3.0, a major update to its health app designed to give Filipinos faster and easier access to medical services.

Government halts new ride-hailing and motorcycle taxi sign-ups

Transportation Secretary Giovanni Lopez has ordered a stop to the onboarding of new drivers and riders by ride-hailing and motorcycle taxi companies.

Cebu authorities partially lifts CDO vs Cebu landfill project

The Department of Environment and Natural Resources – Environmental Management Bureau Region 7 (DENR-EMB 7) announced today that it has partially lifted the cease and desist order (CDO) on Prime Integrated Waste Management Inc. for its Binaliw Sanitary Landfill Project. The decision comes after the company fulfilled key remediation and operational commitments.

Philippines keeps clean IP record, eyes risks

The Philippines has stayed off the United States’ intellectual property watchlist for a 13th straight year, underscoring sustained progress in enforcement even as risks tied to counterfeit goods persist.
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