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Sarangani Energy fee lifts Alsons earnings

Alsons Consolidated Resources Inc. (ACR) reported an improvement in its bottom line for the first nine months of 2025, with net income attributable to the parent company rising to P695 million from P604 million last year. The increase was mainly due to the recognition of a development fee from its partner in Sarangani Energy Corporation.

ACEN scores big anew in governance honors

ACEN Corp., the renewable energy unit of the Ayala Group, has once again cemented its standing as one of the Philippines’ top corporate governance champions, earning 4 Golden Arrows from the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards held at Okada Manila.

Home Depot earning takes hit as demand softens

Home Depot shares slid 6 percent Tuesday after the home improvement giant posted third-quarter results that fell short of expectations, weighed down by weak seasonal demand and a still-shaky U.S. housing market.

Globe secures loan from Mizuho bank to boost network

Globe Telecom, Inc. has secured a JPY 20-billion term loan facility from Mizuho Bank Ltd., giving the telco fresh firepower to fund capital expenditures, refinance debt, and support general corporate needs as it sharpens its investment strategy for 2025.

Hydro developers urge gov’t to weigh industry challengers in setting new FIT rates

A group of run-of-river (ROR) hydropower developers is urging the government to consider real-world operating conditions as it sets new feed-in-tariff (FIT) incentive rates for upcoming ROR projects.

Just in

ADB plans $70B investment on power, digital future

The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.

PSEi range-bound amid global risks, weak peso

The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Philippines, Israel eye minerals, AI strategic partnership

The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.

Fuel prices seen to rise this week after weeks of cuts

Fuel prices in the Philippines are expected to increase next week, ending three straight weeks of big price rollbacks, a local fuel retailer said.
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