Corporate
Philex Mining in talks with foreign investors for minority stake in Silangan unit
Philex Mining Corp. is negotiating with foreign investors for a minority stake in its wholly-owned subsidiary, Silangan Mindanao Mining Co. Inc., as part of ongoing efforts to develop the high-grade Silangan copper and gold project.
Smartphones boost financial inclusion for 4Ps families
In a move aimed at enhancing financial inclusion, Globe Telecom, GCash, and the Department of Social Welfare and Development (DSWD) have launched a program providing smartphones to 4Ps (Pantawid Pamilyang Pilipino Program) families.
Vitarich board oks breeder feed supply renewal
Vitarich Corp. said its board has approved the renewal of contracts to buy from Luzon Agriventure Inc. (LAVI), a related party, feeds to raise breeder chickens for the production of hatching eggs.
First Gen reports 12% drop in 2024 net income to USD245M
First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023.
DM Wenceslao declares P322.6M cash dividend
D.M. Wenceslao & Associates, Inc. (DMW), a real estate developer with expertise in reclamation, said its board has declared cash dividends of P0.095 per share, totaling P322.6 million during its meeting on 13 March. This represents a 20 percent increase over last year’s payout.
