Subic Water and Sewerage Company, Inc. and the Subic Bay Metropolitan Authority (SBMA) have signed an agreement that extends Subic Water’s franchise by another 20 years, ensuring the continued delivery and expansion of vital water and wastewater services in the freeport until 31 March 2047.
A month from now, the Consunji family will at least be P5.4 billion richer, in cash, following the decision of listed DMCI Holdings Inc. board to declare cash dividends that total P7.97 billion, or P0.60 per share.
DMCI Holdings Inc., an investment holding company, reported a 21 percent drop in 2024 net income to P19.0 billion, hurt by weaker commodity and electricity prices, lower construction accomplishments, and a sluggish real estate market.
Conglomerate DMCI Holdings Inc. and its unit Semirara Mining and Power Corp., plus two other listed firms form part of the 2023 Bloomberg Gender-Equality Index (GEI) for the third year in a series.
Philippine egg producers are joining forces to build the country’s emerging cage-free market, forming the first industry association focused on production as demand grows from hospitality, foodservice, and corporate buyers.
The Philippine coconut industry is emerging as a major export growth driver, with shipments surging 34 percent to USD3.6 billion in 2025 as the government seeks to capture more global demand for higher-value coconut products.
The Bangko Sentral ng Pilipinas on Thursday delivered a preemptive 25-basis-point rate hike and left the door open to further tightening as stubborn inflationary pressures threaten to keep prices above the central bank’s target range.
President Ferdinand Marcos Jr. on Thursday threw his support behind efforts to modernize the country’s egg industry during a visit to the P300-million processing facility of the Batangas Egg Producers Multipurpose Cooperative (BEPCO) here, accompanied by Agriculture Secretary Francisco P. Tiu Laurel Jr.