Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year.
U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.
US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.
Environment Secretary Raphael P.M. Lotilla on Wednesday reaffirmed the country's drive toward responsible, tech-powered mineral development as global demand surges for critical resources needed in a low-carbon economy.
Alliance Global Group Inc. (AGI) is looking to raise as much as P27.7 billion through a warrant sale and the eventual exercise of those warrants into common shares, as the conglomerate seeks to strengthen its balance sheet and ramp up real estate investments.
The Department of Agriculture on Wednesday says the country's farm exporters can now move forward with confidence after the United States confirmed that major agricultural exports—particularly tropical fruits such as bananas, pineapples, and coconut products—will remain exempt from U.S. tariffs.
San Miguel Corp. (SMC) on Wednesday reported a 54 percent increase in core net income to P60.3 billion for the first nine months of the year, driven by improved efficiency and tight cost management across its major businesses.