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Jollibee first-half net income drops 17% despite strong 2Q rebound
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.
PhilWeb returns to profitability in first half 2026
PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.
Converge backs DTI push to accelerate MSME digitalization
Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.
GMR eyes wider Philippine airport presence
Indian infrastructure giant GMR Group is looking to expand its Philippine footprint as it positions its newly opened Alluri Sitarama Raju International Airport in Andhra Pradesh as a gateway connecting India with Southeast Asia.
2027 budget targets recovery as economy slows
The government is betting on an economic rebound in 2027, building its proposed P7.2-trillion national budget around faster growth, easing inflation, and a gradual recovery in investment after a bruising year.
DOTr opens bidding for P1.24-B airport projects in Tacloban, Busuanga
The Department of Transportation (DOTr) has launched competitive bidding for three airport development projects in Tacloban City, Leyte and Busuanga, Palawan, with a total approved budget exceeding P1.24 billion.
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Jollibee first-half net income drops 17% despite strong 2Q rebound
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.
PhilWeb returns to profitability in first half 2026
PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.
Converge backs DTI push to accelerate MSME digitalization
Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.
GMR eyes wider Philippine airport presence
Indian infrastructure giant GMR Group is looking to expand its Philippine footprint as it positions its newly opened Alluri Sitarama Raju International Airport in Andhra Pradesh as a gateway connecting India with Southeast Asia.
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Jollibee first-half net income drops 17% despite strong 2Q rebound
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.
PhilWeb returns to profitability in first half 2026
PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.
Converge backs DTI push to accelerate MSME digitalization
Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.
GMR eyes wider Philippine airport presence
Indian infrastructure giant GMR Group is looking to expand its Philippine footprint as it positions its newly opened Alluri Sitarama Raju International Airport in Andhra Pradesh as a gateway connecting India with Southeast Asia.
2027 budget targets recovery as economy slows
The government is betting on an economic rebound in 2027, building its proposed P7.2-trillion national budget around faster growth, easing inflation, and a gradual recovery in investment after a bruising year.
DOTr opens bidding for P1.24-B airport projects in Tacloban, Busuanga
The Department of Transportation (DOTr) has launched competitive bidding for three airport development projects in Tacloban City, Leyte and Busuanga, Palawan, with a total approved budget exceeding P1.24 billion.
Metrobank urges CEU Manila students to ‘train their feed’ for smarter financial decisions
The Metropolitan Bank and Trust Co. (Metrobank) is encouraging students to be mindful not just of their money, but also of the online content that guides their choices.
EUR200M program expands food aid to 750,000 families
The government is set to expand food and nutrition assistance to about 750,000 low-income households through a EUR200-million financing facility for the Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) Project.
Philippine steel industry targets P1T output by 2040
The Philippine steel industry is targeting P1 trillion in finished steel production and 86 percent self-sufficiency by 2040 under a new industry roadmap designed to strengthen domestic manufacturing and reduce the country’s reliance on imports.
BPI AIA names Melissa Henson as new CEO
BPI AIA Life Assurance Corp. has appointed Melissa Henson as its new chief executive officer, putting an executive with nearly two decades of banking and insurance experience at the helm as the bancassurance company enters its next phase of growth.