Corporate

Ayala Land cuts spending as profits drop

Ayala Land Inc. said it will reduce its capital spending this year to P50 billion, down by more than a third from its earlier plan of P70 billion to P80 billion, as earnings declined.

RRHI profit drops 35% in Q1 on higher costs

Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

S.P. Madrid taps PLDT Enterprise for nationwide push

Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.

OGPI remits P2.14B to government for 2025 share

Listed mining company OceanaGold (Philippines) Inc. (OGPI) on Thursday reported turning over ₱2.14 billion as additional government share (AGS) for fiscal year 2025.

Manila Water strengthens heat safety measures for workers amid rising temperatures

Manila Water has rolled out additional safety measures to protect its workers and contractors from heat-related illnesses as high temperatures continue across Metro Manila’s East Zone and Rizal Province.

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