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Filinvest REIT earnings slips in 1H, may improve as new leases signed

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Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group, saw first half net income decline P561 million as rental and...

LT Group earnings hurt by higher operating expenses, lower tobacco income

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Higher operating expenses and lower contributions from affiliates and joint ventures weighed down the first-half net income of LT Group Inc., the investment holding...

Inflationary headwinds on brandy sales moderate  Emperador earnings

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Strong demand for whisky continued to drive sales at Emperador Inc. although the gains were diluted by inflationary pressure, particularly on brandy. The Philippine-based global...

Unrealized sales help keep 8990 income flat over six months

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Mass housing builder 8990 Holdings Inc. reported net income proving flat in the first half of the year to P3.78 billion from last year’s...

Stiff Luzon competition, weak consumer spending hit Metro Retail earnings

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Metro Retail Stores Group Inc., the retail network owned by the Gaisano Group, said Friday net income in the first half  dropped nearly 38...
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PH leads push to scale up global loss and damage funding as demand far outstrips available aid

Environment 0
The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

Energy & Mining 0
The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

Energy & Mining 0
The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Social Responsibility & Sustainability 0
Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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