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AdventEnergy expands in Mindanao with new power deal for cold storage

AdventEnergy, the retail arm of Aboitiz Power Corporation, has secured an 896-kilowatt power supply contract with Viking Cold Storage Inc., strengthening its presence in Mindanao’s fast-growing cold chain industry.

Alliance Global posts higher profit amid uncertainty

Alliance Global Group Inc. (AGI) reported a 6 percent increase in first-quarter net income, supported by stronger residential sales, rising leasing revenues, improving hotel operations, and an early recovery in liquor demand despite uncertain economic conditions.

IABC Philippines names new leadership team for 2026–2028

IABC Philippines has officially announced its new Board of Trustees for the 2026–2028 term, approved by its members to lead and advance the business communication profession in the country.

Megawide posts strong Q1 earnings amid crisis

Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.

Global Ferronickel profits surge amid nickel tightness

Global Ferronickel Holdings Inc. posted sharply higher first-quarter earnings as stronger nickel ore prices and increased shipment volumes boosted profitability despite rising operating costs.

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Phinma sets sights on Vietnam as next stop for regional education expansion

Phinma Corp. is eyeing Vietnam as a key new market to grow its already expanding network of educational institutions across Southeast Asia, company leadership has confirmed.

Mixed fuel adjustments set to hit local pumps 

Filipino households and businesses face another week of divergent fuel price movements, as local retailers prepare to implement mixed adjustments driven by shifting geopolitical signals, seasonal demand, and supply chain disruptions. Jetti Petroleum President Leo Bellas indicated that gasoline prices are projected to rise by ₱1.50 to ₱1.70 per liter, while diesel prices offer brief relief with an expected drop of ₱1.90 to ₱2.10 per liter. The outlook for kerosene remains unspecified for the week following a sharp increase in the previous period.

Gov’t overhauls PERA rules to boost retirement savings and market growth

The Philippine government is rolling out key reforms to expand the Personal Equity and Retirement Account, or PERA, encouraging more Filipinos to save and invest for their future.

Mitsubishi’s $700-M Ayala deal to spur Luzon Corridor projects

Mitsubishi Corp.‘X planned USD700-million investment in Ayala Corp. could help accelerate infrastructure, energy, logistics and digital projects under the Luzon Economic Corridor (LEC), deepening Japanese participation in the Philippines’ industrial development while raising expectations for stronger private-sector investment.
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