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Strong earnings growth across business buoy Filinvest income

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Filinvest Development Corp., the listed company that holds the investments of the Gotianun family, on Wednesday reported a 57 percent in nine-month net income to P5.9 billion on the back of double-digit growth in earnings of its various business interests, including banking, real estate, power and hospitality.

PT&T seeks greater market presence with capital boost to P12.6 billion

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Publicly-listed PT&T Corp. has secured Securities and Exchange Commission approval to increase its authorized capital stock to P12.6 billion from P3.8 billion as it seeks to reestablish itself as a major player in the telecommunications and information technology industry. 

Store, wholesale App expansion propel MerryMart earnings

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MerryMart Consumer Corp. said Wednesday its continued network expansion and exponential growth of its wholesale super app drove double-digit in both revenues and net income in the first nine months of the year.

AllHome expects stronger 4Q after surge in 9-month income

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AllHome Corp., a pioneering one-stop full line home center of billionaire Manuel Villar, said Wednesday net income in the nine months through September surged 46 percent to P582 and is hopeful of further gains in the fourth quarter.

DoubleDragon expanding global reach to spread income stream

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DoubleDragon Corp. said Wednesday its investment overseas is meant to diversify its earnings source, reducing income dependence on one country in the long haul.
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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

Economy 0
The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

Context Dispatch 0
A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

Energy & Mining 0
The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

Energy & Mining 0
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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