Wilcon’s net income drops despite higher sales
Wilcon Depot Inc., the home improvement retailer, reported a 3 percent drop in net income last year, falling to ₱2.44 billion from ₱2.52 billion in 2024, even as total sales rose.
New diversion road boosts Lipa growth corridor
The opening of Section 1 of the Lipa City–Mataas na Diversion Road is poised to accelerate development across southern Batangas, reinforcing Lipa’s trajectory as a rising regional hub in CALABARZON.
Mega Prime, CPF build bigger basket for more eggs
Mega Prime Foods Inc., known for Mega Sardines, is stepping decisively beyond seafood, partnering with Thailand-based Charoen Pokphand Foods (CPF) in a move that signals a broader pivot in the Philippines’ food production strategy.
Treasury ramps up borrowing amid inflation risks
The Bureau of the Treasury is set to raise as much as P784 billion in the second quarter through auctions of Treasury bills and bonds, stepping up funding efforts as global risks threaten to complicate the country’s fiscal and monetary outlook.
PAL secures Ba2 rating, eyes funding access
Philippine Airlines has secured a first-time Ba2 corporate family rating from Moody’s Ratings, marking a key milestone in its recovery and positioning the airline for broader access to global funding.
