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Double-digit drop in sales undermine D&L earnings; prospects brighter with new Batangas factory

D&L Industries Inc. reported Wednesday a 28 percent fall in first half net income to P1.24 billion on account of a double-digit drop in...

LTO wants more time to complete the pandemic-interrupted motor taxi evaluation program

The Department of Transportation's Technical Working Group (DOTr-TWG) is pushing for the extension of the pilot study on motorcycle taxis to address its complex...

Weak coal, nickel, construction businesses weigh down DMCI Holdings income

DMCI Holdings Inc., a listed diversified engineering conglomerate, said Wednesday its second quarter net income declined 9 percent year-on-year to P8.2 billion due to...

Property, retail, banking ventures drive SM Investments’ earnings

SM Investments Corp., the investment holding company of the Sy Group, said Wednesday net income in the first half surged 32 percent year-on-year to...

ACEN leases 800 hectares in Laguna Lake to build large-scale floating solar farm

ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday one of its units signed an agreement with the Laguna Lake Development...

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

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

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 

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

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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