Corporate

First Gen marks 50 years of geothermal energy development in PH

First Gen Corporation celebrated the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting a major milestone in the country’s renewable energy sector.

East Coast Vulcan plans restructuring, fundraising moves

East Coast Vulcan Mining Corporation said its board has approved a series of corporate actions aimed at cleaning up its balance sheet and positioning the company for potential capital raising.

D&L earnings grow despite coconut oil surge

D&L Industries Inc. posted resilient earnings growth in 2025, overcoming record-high raw material costs as strong volumes and improving margins underscored the strength of its business model.

RRHI exits No Brand outlets, refocuses portfolio strategy

Robinsons Retail Holdings Inc. (RRHI) said it will shut down all standalone No Brand stores in the Philippines, marking a strategic shift as the retailer streamlines its portfolio toward higher-performing formats.

First Gen profit rises after strategic energy pivot 

First Gen Corp. posted an 8 percent increase in attributable recurring net income for 2025 to USD264 million (P15.2 billion), driven by stronger hydro output and higher electricity sales, as the company accelerates its shift toward renewable energy.

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