Corporate
Benguet Corp. first-half net income surges on strong metal prices
Listed mining company Benguet Corp. reported a 133 percent surge in net income for the first half of 2025, driven by higher global metal prices and increased nickel and gold output.
Shopee launched Tatak Pinoy Sibol
Shopee, the leading e-commerce platform in Southeast Asia, Taiwan, and Brazil, has unveiled a new initiative aimed at empowering Filipino micro, small, and medium enterprises (MSMEs).
ABS-CBN signs deed of sale of QC property to Ayala Land
ABS-CBN Corp., an entertainment company, said Wednesday that it has signed the absolute deed of sale for a portion of its broadcast facility in...
Sumitomo Mitsui buys stake in RCBC leasing arm
Rizal Commercial Banking Corp. (RCBC), the Philippines’ sixth-largest lender, said that Sumitomo Mitsui Finance and Leasing Co. Ltd. has acquired a 30 percent stake in its leasing subsidiary, Rizal Leasing and Finance Corp. (RLFC).
Megawide profit dips amid project wind-down
Megawide Construction Corp. reported a slight decline in net income for the first half of 2025, down to ₱436.41 million from ₱437.58 million a year ago, as several major construction projects neared completion. This translated to a 23 percent drop in consolidated revenue, which fell to ₱8.77 billion from ₱11.49 billion, the company said on Wednesday.
