Corporate

First Gen profit rises after strategic energy pivot 

First Gen Corp. posted an 8 percent increase in attributable recurring net income for 2025 to USD264 million (P15.2 billion), driven by stronger hydro output and higher electricity sales, as the company accelerates its shift toward renewable energy.

ILO trains youth for green construction jobs

An initiative backed by the International Labour Organization (ILO) is equipping young Filipinos with green and digital construction skills, as the industry undergoes rapid transformation driven by sustainability and technology.

JG Summit earnings rise despite petrochemical drag

JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.

GT Capital reassesses capex, growth plans

GT Capital Holdings is reviewing its capital expenditure and growth strategy for 2026 as it navigates uncertainty from an unfolding global crisis, Vice Chairman Alfred Ty said.

Foodpanda’s Pandamart now offers 24/7 grocery delivery nationwide

Delivery Hero Logistics Philippines Inc., the company behind Foodpanda Philippines, announced on Tuesday that its online grocery service Pandamart is now operating 24 hours a day, seven days a week across the country. This makes Pandamart the first online-only full grocery platform in the Philippines to offer round-the-clock service.

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