Corporate
DMCI profit jumps as mining, power offset Maynilad drag
DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.
Nickel Asia 1H 2026 net income surges 93% to P4.06B
Nickel Asia Corp. (NAC) reported a 93 percent rise in first-half 2026 attributable net income to P4.06 billion, up from P2.10 billion in the same period last year, it disclosed to the Philippine Stock Exchange on Thursday.
SM Prime racks up accessibility awards as inclusive design gains prominence
SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.
URC 1H net income rises 10% on strong 2Q recovery
Universal Robina Corp. (URC), the food business of the Gokongwei group, reported Thursday that its net income for the first half ending June reached P6.91 billion, a 10 percent increase from the P6.27 billion recorded in the same period last year. Total revenues for the six-month period also rose 4 percent to P89.33 billion from P85.88 billion a year earlier.
Security Bank, Pays0 partner to streamline digital business payments
Security Bank has teamed up with licensed Electronic Money Issuer Pays0 Inc. to help businesses move funds quickly and reliably. The partnership was formalized in a July 28 agreement signed at Security Bank Centre in Makati City.
