Corporate

D&L Industries Inc. said Friday its recurring income in 2024 rose 2 percent year-on-year to P2.3 billion, buoyed by gains from the operation of its recently opened manufacturing facility in Batangas.

DigiPlus Interactive Corp.  has named Graham Tidey as the country manager for its wholly-owned subsidiary, DigiPlus Brazil Interactive Ltda., an appointment that could determine the trajectory of its maiden foray into Brazil’s rapidly growing iGaming sector.

Axelum Resources Corp., a listed affiliate of the Metro Pacific Group and a fully integrated manufacturer and exporter of premium coconut products, announced on Friday that its board of directors has approved a dividend policy to distribute up to 30 percent of its net income from the preceding year.

The Securities and Exchange Commission (SEC) on Thursday announced a new round of reforms further strengthening the country’s anti-money laundering (AML) and counter-terrorist financing (CFT) efforts.

PLDT Inc., the Philippines’ largest telecommunications provider, has posted a solid financial performance for 2024, demonstrating growth and resilience amid a rapidly evolving industry. Net income for the year rose significantly to P32.33 billion, up from P26.61 billion in 2023.