CREC solar project aims to lower Pampanga power bills
Citicore Renewable Energy Corp. (CREC) and Pampanga I Electric Cooperative (PELCO I) have begun construction of a 41-megawatt-peak embedded solar facility with battery storage, a project that could help reduce electricity costs and system losses while strengthening energy security in Pampanga.
Century Pacific Food posts 15% revenue growth in first half 2026
Century Pacific Food, Inc. (PSE:CNPF), one of the Philippines’ leading food companies, has reported unaudited financial results for the first six months of 2026, sustaining growth despite challenging market conditions.
Growth slows to 2.3% in second quarter, marking weakest pace in 17 years
The economy recorded a 2.3 percent expansion in the second quarter this year, according to data released by the Philippine Statistics Authority (PSA). The performance fell short of market expectations, slowing from the 2.8 percent growth recorded in the first quarter of the year. Excluding the severe disruptions caused by the COVID-19 pandemic, this represents the softest quarterly growth since the fourth quarter of 2009.
Sun Life keeps quarterly dividend unchanged
Canada-based insurance firm Sun Life Financial Inc. declared an unchanged quarterly dividend of CAD0.96 per common share, payable on Sept. 29 to shareholders of record as of Aug. 26.
DMCI profit jumps as mining, power offset Maynilad drag
DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.
