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Concepcion Industries buck weak sales to post strong 1Q income

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Concepcion Industrial Corp. said Thursday first-quarter net income tripled to P93.2 million from P30.6 million as cost-efficiency measures allowed the listed provider of consumer...

PXP Energy widens net loss in 1Q in lower oil lifting, price

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PXP Energy Corp., the oil exploration unit of Philex Mining Corp., said Thursday its first-quarter net loss widened to P6.1 million from P2.7 million...

Repopulating ASF stricken regions will take two years – DA

Agriculture Context.ph Context.ph -
Repopulating the hog industry and eradicating the African swine fever could take up to two years but it could be done with changes to...

Renewable power generation in energy mix remains awfully miniscule

Energy & Mining Context.ph Context.ph -
Various entrepreneurs have invested a total P280 billion in renewable energy (RE) facilities since the Renewable Energy Act of 2009 came into effect, according...

SMIC sets aside P90 billion as capex this year 

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SM Investments Corp. on Wednesday has set aside P90 billion as capital expenditures this year the bulk of which will be carried out by...
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NTC fines 3 Telcos over poor Metro Manila broadband service 

Communications & Technology 0
The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

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UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.

East Asian languages catch fire in Indonesia

Education, Health & Science 0
Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.

PEZA plans 24/7 Clark office to speed up exports processing

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) is exploring a 24-hour satellite office at the FedEx Philippines Gateway in Clark as it seeks to speed up export processing and reduce regulatory bottlenecks for time-sensitive shipments.
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