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Concentrix sets up AI hub in Quezon City

Concentrix has strengthened its footprint in the Philippines with the launch of a new operations site and its iX360 immersive experience center in GBF Tower 2, Bridgetowne, Quezon City. The expansion is part of the company’s reported P2-billion investment aimed at scaling its AI-driven and digital customer experience services.

Alsons Power earnings up amid expanding renewable asset

Alsons Consolidated Resources Inc., the listed energy arm of the Alcantara Group, posted stronger first-quarter earnings as rising electricity demand in Mindanao and improved power trading offset mounting global economic uncertainty.

South Korea fuels foreign investment surge in Q1

Foreign investment approvals in the Philippines jumped 52 percent in the first quarter, driven largely by South Korean capital and major projects in entertainment, manufacturing, and tourism-related industries, according to the Philippine Statistics Authority.

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.

Just in

PH to make energy security key ASEAN agenda

The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

₱3.8-B fuel subsidy for agri sector beneficiaries kicks off this month

The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

Visayas power probe pushes transparency, reliability, consumer protection 

Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.

DA ramps up El Niño preparations drawing on past preparations 

The Department of Agriculture is bolstering full-scale preparations for an intense El Niño, applying hard-won experience to safeguard farm output, secure food supplies, and protect farmers and fisherfolk from harm.
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