Corporate
JG Summit 1H net income down 29% to ₱10.7B; revenue up 7%
JG Summit Holdings Inc., the Gokongwei group’s flagship firm, posted a 29 percent drop in first-half net income to P10.7 billion from last year’s P14.99 billion, though reduced losses from its exited petrochemical operations softened the fall.
MacroAsia 1H 2026 net profit down 30% despite revenue gain
MacroAsia Corporation posted a 30 percent drop in first-half 2026 net income, hit by higher operating costs and softer earnings from associates.
SM Investments posts 8% rise in first-half 2026 net income to ₱45.9 billion
SM Investments Corporation, parent of the SM Group, reported a consolidated net income of PHP45.9 billion for the first half of 2026, an 8 percent increase from the ₱42.6 billion recorded in the same period last year.
Globe rolls out Starlink Mobile with global tech partners, connecting remote Filipinos
Globe is expanding Starlink Mobile coverage with leading tech firms and device makers, bringing satellite-to-mobile service to remote areas beyond traditional cell tower reach.
Ayala launches ACX Retail for global brands
Ayala Corp. is sharpening its push into Philippine retail with the launch of ACX Retail, a new platform designed to bring international consumer brands into the country and build them into long-term businesses.
