ERC proposes policy reforms to expedite 5,000-case backlog
The Energy Regulatory Commission (ERC) is proposing key internal policy adjustments aimed at accelerating the resolution of approximately 5,000 pending cases, some dating back to the agency’s founding in 2001.
AGI income soars39% on one-time gains
Alliance Global Group Inc. (AGI), the investment holding firm of tycoon Andrew L. Tan, posted a 39 percent surge in net income to P19.2 billion in the first half of 2025, from P13.82 billion a year ago, driven in part by a one-off gain from the de consolidation of Golden Arches Development Corp. (GADC), the operator of McDonald’s Philippines.
Metro Retail 2Q earnings surges with new store openings
New store openings bolstered earnings of Metro Retail Stores Group Inc. in the second quarter, tripling net profit to P132.9 million from P50.1 million last year as sales increased 6.6 percent to P9.9 billion.
Jollibee Group posts strong Q2 2025 growth
Jollibee Foods Corp. (JFC) reported robust second-quarter financial results, marking a sharp turnaround from the previous quarter and underscoring the strategic strength of its multi-brand, multi-market model.
Ayala Land to invest P12.7B in Cebu mall redevelopment
Ayala Land Inc. is set to spend P12.7 billion to redevelop three key malls in Cebu—Ayala Center Cebu, Ayala Malls Central Bloc, and Ayala Malls Gatewalk—aiming to strengthen the region’s economic vitality and retail prominence.
