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Atlas Consolidated profit falls on higher fuel prices, lower mine output

Atlas Consolidated Mining and Development Corp. said Monday net income last year declined 17 percent to P3.2 billion from P3.9 billion in 2021, pulled down by higher fuel costs, as well as lower mine output and copper price.

Ayala Land Earnings Bolstered By Strong Economy

Listed property giant Ayala Land Inc. said Monday net income attributable to equity holders in 2022 surged 52 percent year-on-year to P18.6 billion as...

Allowable PERA contributions increase twofold

The authorities have allowed the maximum annual contribution to the Personal Equity and Retirement Account (PERA) to double consistent with efforts to encourage more Filipinos to prepare for retirement through the program.

Century Properties eyes P3-B from retail bond sale

Century Properties Group Inc., a listed real estate developer, said Monday it secured regulatory approval to raise as much as P3 billion from the sale of fixed-rate retail bonds.

AboitizPower 2022 net profit rises 32%, tempered by Odette

Aboitiz Power Corp. said Monday its net income last year increased 32 percent year-on-year to P27.5 billion, which would have been higher if not for the damage sustained from Typhoon Odette.

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Gilas men’s 3×3 sweeps opening Asian Games matches

Gilas Pilipinas Men’s 3x3 team wasted little time making its presence felt at the 2026 Aichi-Nagoya Asian Games, winning twice Monday and putting itself within touching distance of the quarterfinals.

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.
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