DoubleDragon Corp., a listed property developer, posted a P2.37 billion consolidated net income for the first half of the year, a 44 percent increase year-on-year, backed by robust property revenues and strategic expansion.
Shell Pilipinas Corp. reported a 44.7 percent decline in net income for the first half of 2025, totaling P965.32 million, down from P1.7 billion in the same period last year, according to its quarterly filing to the Philippine Stock Exchange.
The country’s two e-wallet companies on Thursday said they will comply with the Bangko Sentral ng Pilipinas’ (BSP) directive to remove links and icons that connect payment apps to online gambling platforms.
A Korea-funded cold storage and seafood distribution hub launched in El Nido, Palawan, this week—marking a major policy-driven initiative to enhance fisheries, support local cooperatives, and strengthen climate-resilient livelihoods in coastal communities.
The Department of Agriculture (DA) on Thursday announced that the maximum suggested retail price (MSRP) for imported rice will remain in effect during the planned two-month rice import suspension beginning September 1.
Metro Manila’s condominium market remains weighed down by stubborn oversupply, but the imbalance is quietly shifting negotiating power toward buyers with patience and liquidity.
Lufthansa Technik is planning a USD400-million expansion of its maintenance, repair, and overhaul facility at Clark, a move expected to further strengthen the Philippines’ position as an emerging aviation services hub in Asia, according to the Bases Conversion and Development Authority.
Maynilad Water Services Inc. and Korean state-owned firm K-Water have filed a P15-billion unsolicited proposal to develop and operate the water supply system for New Clark City, according to Bases Conversion and Development Authority President and CEO Joshua Bingcang.
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.