Corporate

URC reports 3% growth in sales, focuses on value-driven expansion

Universal Robina Corporation (URC) announced a 3 percent year-over-year increase in sales for the full year ended December 31, 2024, reaching P161.9 billion.

PE2 tackles energy issues in DOE sponsored workshop

The Philippine Energy Efficiency Alliance (PE2) is optimistic about the future of energy efficiency and conservation (EEC) projects in the country following the Department of Energy's (DOE) launch of the first province-wide workshop on the formulation of Local Energy Efficiency and Conservation Plans (LEECP) in Iloilo.

FPIP partners with LGUs to provide homes for typhoon victims in Batangas

The First Philippine Industrial Park, an economic zone developer led by the Lopez Group, recently broke ground in Agoncillo, Batangas to mark the launch of the Sulong Batangas housing project.

SMC reports 18% income drop amid strong revenue growth in 2024

San Miguel Corporation (SMC) reported a significant 18 percent drop in net income for 2024, totaling P36.7 billion, down from P44.69 billion in 2023. Despite the decline in income, the company achieved a 9 percent increase in revenue, reaching P1.6 trillion, driven by higher sales across its core businesses, including power, spirits, fuel, and oil.

Maynilad seeks P49B capital funds under record IPO bid

Maynilad Water Services, Inc. ("Maynilad") on Monday filed with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) its proposed initial public offering (IPO), marking a milestone in the company’s growth strategy.

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