JG Summit nets ₱15B in H1 2025 on steady revenue gains
JG Summit Holdings Inc. reported a marginal 1 percent increase in consolidated net income to ₱15 billion for the first half of 2025, compared to ₱14.82 billion in the same period last year, as revenue gains across core units offset sector-specific headwinds.
Fuel prices roll back, easing pressure on households and businesses
The various fuel retailers are slashing pump prices starting Tuesday, offering a temporary reprieve for Filipino households and businesses grappling with elevated energy costs.
Treasury bill yields down amid rate expectations
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
President Marcos flags ‘disturbing’ findings in initial audit of flood-control projects
President Ferdinand Marcos Jr. on Monday revealed “disturbing” preliminary findings from an audit of more than 9,800 flood control projects across the country, raising concerns over possible irregularities in the implementation and budgeting of these infrastructure efforts.
Converge expands Bicol presence with new hubs in Albay, Sorsogon
Converge ICT Solutions Inc. has strengthened its regional presence in the Bicol region by opening two new business centers in Tabaco City, Albay and Irosin, Sorsogon.
