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GSIS caps 2023 with 80B in income, up by 117% from 2022

The Government Service Insurance System (GSIS) reported net income of P80 billion for the first 10 months of the year, an increase of 117 percent from P37 billion in the same period last year.

DNL sanguine of 2024 prospects despite challenges

Chemical manufacturer D and L Industries Inc. expects 2024 to remain a challenging year but optimistic the environment to be better, with more stable interest rates and raw material costs.

LRT 1 rolls out special QR, beep lanes as queue eliminators

The Light Rail Manila Corporation (LRMC) has rolled out QR and beep lanes at select LRT-1 stations as part of the program providing a more satisfying commuting experience for riders. 

Gozon retires as GMA Network chairman

Felipe L. Gozon over the weekend announced his retirement as chief executive at GMA Network Inc., the country's leading multimedia network. 

Cebu Pacific sets 19% more capex under 2024 budget year

Cebu Air, Inc., operator of Cebu Pacific, said it has set a higher capital expenditure (capex) budget by 19 percent next year, maily for...

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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