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Axelum earnings surge despite global market pressures

Axelum Resources Corp. posted a sharp rise in first-quarter earnings as stronger export demand and higher-margin product sales offset mounting pressures from volatile commodity prices and elevated shipping costs linked to the Middle East conflict.

MREIT sale fuels Megaworld township expansion

MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.

GT Capital leans on banking amid economic slowdown

GT Capital Holdings, Inc. opened 2026 navigating a tougher operating environment, with resilient banking and infrastructure earnings helping cushion weaker consumer spending and softer demand across key sectors.

Lopez board reinstates Piki, seeks family truce

Lopez, Inc. on Wednesday withdrew its February 27 resolution removing Federico “Piki” Lopez as president and chief executive officer, signaling a possible thaw in the escalating corporate and family dispute that has rattled one of the Philippines’ most influential business dynasties.

URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

Just in

$1-B Laguna Lake solar project seen as region’s largest

Thailand’s Gunkul Engineering has partnered with local developer SunAsia Energy for a $1-billion floating solar project at Laguna Lake, set to deliver 1,000 MW capacity as Southeast Asia’s biggest of its kind.

Remote households to gain reliable power from upcoming microgrid bidding

The Department of Energy (DOE) is moving forward with plans to bring electricity to more than 100,000 currently unenergized households across the Philippines, through an upcoming competitive bidding process for microgrid services.

DA pushes palm oil expansion to cut imports, boost economy and support cleaner fuels

The Department of Agriculture (DA) is leading a major drive to expand the palm oil industry, aiming to cut the country’s heavy reliance on imports and build a local supply base that can also serve as feedstock for cleaner fuels.

NDA, Negros Occidental university team up for 50-ha dairy farm to boost regional industry

The National Dairy Authority (NDA) and Central Philippines State University (CPSU) have partnered to develop a 50-hectare dairy stock farm in Barangay Camingawan here, aiming to strengthen production, breeding, research and training across the Negros Island Region.
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