Corporate
Ayala Corp. weathers core profit slip with strategic gains
Ayala Corp. reported a 2 percent decline in core net income to ₱23.7 billion for the first half of 2025, highlighting a modest setback in recurring profitability.
Bloomberry profit halves on weak Solaire Paranaque performance
Bloomberry Resorts Corp., operator of Solaire Resorts and Casino, reported a 52 percent drop in net income for the first half of 2025, falling to P1.9 billion from P4 billion a year ago, largely due to a weak second quarter at its flagship Solaire Entertainment City in Parañaque.
Manila Water reaches 75% of 2025 expansion goal
Manila Water has connected 10,308 new domestic accounts to its piped water network in the first half of 2025, reflecting a strong push toward expanding clean water access and infrastructure across the East Zone.
SMC delivers ₱36.7B core profit on broad-based gains
San Miguel Corp. (SMC) reported a 9 percent increase in core profit to ₱36.7 billion in the first half of 2025, driven by strong performances across its food, beverage, infrastructure, and power businesses, underlining the conglomerate's strategic resilience and continued economic impact.
New APECO projects lay foundation for investment-ready ecozone
The Aurora Pacific Economic Zone and Freeport Zone Authority (APECO) has officially broken ground on six major infrastructure projects worth P415.73 million, marking a significant step in transforming the Casiguran-based ecozone into a fully investment-ready and climate-resilient hub.
