Corporate

Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.

D and L Industries Inc. reported an 8 percent rise in first-half 2026 net income, with a 10 percent jump in second-quarter earnings, and expects better results ahead. President and CEO Alvin D. Lao cited recovering consumer spending and stabilizing coconut oil prices as key drivers.

Metro Retail Stores Group Inc. (MRSGI) has strengthened its consumer credentials after 11 of its Cebu stores received the 2025 Bagwis Award from the Department of Trade and Industry (DTI), reinforcing the retailer's focus on service quality, fair trade practices, and customer trust as competition in the retail sector intensifies.

CBS posted a net income of P1.19 billion in the first half of 2026, demonstrating the resilience of its core lending business as loan growth helped cushion the impact of global geopolitical uncertainties and a challenging domestic economic environment.

The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.