Corporate

Globe rides data, GCash strength despite lower profits

Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.

PXP Energy posts wider P31.6-M net loss in first half 2026

PXP Energy Corp. reported a larger consolidated net loss of P31.6 million for the first half of 2026, up from P22.8 million in the same period last year, the firm said Tuesday.

Petron net income drops 28% on high oil costs

Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

DigiPlus to seek New Zealand gaming license

DigiPlus Interactive Corp. announced on Tuesday that it will apply for a gaming license in New Zealand.

Filreit net income climbs 34% in first half of 2026

Filinvest REIT Corp., or Filreit, the real estate investment trust of the Gotianun group, reported on Tuesday that its net income for the first six months ending June rose 34 percent to P874 million, up from P650.74 million in the same period a year earlier.

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