Puregold delivers ₱5.29B profit on strong 1H sales
Grocery retailer Puregold Price Club Inc. reported a 7 percent increase in net income for the first half of 2025, reaching ₱5.29 billion, up from ₱4.94 billion in the same period last year, driven by robust topline performance and consistent gross margins.
PNB expands fund management with ISECO dea
The Philippine National Bank's trust banking group has formalized a retirement fund partnership with Ilocos Sur Electric Cooperative (ISECO), the province’s sole electric distribution utility, strengthening its footprint in institutional fund management.
MOVE IT launches Pag-IBIG subsidy for top riders
MOVE IT has become the first motorcycle taxi platform in the Philippines to subsidize Pag-IBIG monthly savings for its top-performing riders, marking a major milestone in integrating platform workers into state-sponsored social protection systems.
Globe reports 2.4% decline in 1H revenue, bounces back in 2Q
Globe Telecom Inc. reported ₱80.2 billion in consolidated gross revenue for the first half of 2025, a 2.4 percent decline year-on-year from ₱82.2 billion, amid persistent macroeconomic pressures and evolving consumer trends.
President Marcos suspends rice importation for 60 days, starting Sept 1
President Ferdinand Marcos Jr., after consulting select members of his Cabinet, decided to suspend for 60 days the importation of rice to protect local farmers from the influx of cheap rice, said Press Secretary Dave Gomez said Wednesday.
