Corporate
Solaire North drives GGR growth as flagship slips
Bloomberry Resorts Corp., the operator of Solaire Resorts and Casinos, reported a 26 percent increase in net income to ₱3.3 billion in the first quarter of 2025, up from ₱2.5 billion in the same period last year, the company told regulators on Wednesday.
Strong chicken pricing, new revenue streams send Vitarich Corp. 1Q net income soaring
Vitarich Corp., a major feed and poultry producer, reported an increase in first-quarter net income to P241.6 million, soaring 389 times from P6.22 million in the same period last year. The surge highlights the company’s resilience and strategic agility amid market supply disruptions.
PLDT Global partners with U.S. fintech to boost OF market reach
PLDT Global Corp., the international arm of the country’s leading telecommunications and digital services provider PLDT Inc., has partnered with U.S.-based fintech company Venio to expand its digital offerings to overseas Filipinos (OF), particularly in the United States.
Global expansion fuels Emperador earnings
Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.
Microsoft to lay off 6,000 workers globally
Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.
