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.
In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.
The Philippine automotive industry's shifting landscape was on full display at the 10th Philippine International Motor Show (PIMS), where electrified vehicles and the growing presence of Chinese automakers emerged as the event's dominant themes.
The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.
The US has reaffirmed its support for the Luzon Economic Corridor (LEC), signaling that economic cooperation is becoming an increasingly important pillar of the longstanding US-Philippines alliance alongside defense and security ties.