Thursday, 05 February 2026, 4:17 pm

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    DoubleDragon income soars, Hotel101 lists on Nasdaq

    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 profit slumps 45% amid oil price drop

    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.

    Maya, GCash cut ties with online gambling, sever links, icons from platform

    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.

    Korea-funded cold storage and food hub launches in Palawan

    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.

    DA keeps rice price cap despite upcoming import suspension

    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.

    Just in

    Condo oversupply hands buyer upper hand

    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 plans major Clark MRO expansion

    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, K-Water pitch P15B New Clark City water project

    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.

    FedEx deepens commitment to Clark logistics hub

    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.
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