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.
The Department of Energy (DOE) expects more private companies to invest in rooftop solar after SM Prime Holdings reached 100 megawatts (MW) of installed capacity across its properties.
The Securities and Exchange Commission (SEC) has released a draft rule that would raise the audit threshold for corporations to more than P3 million in total assets or liabilities. The proposal aims to cut compliance costs for micro, small, and medium enterprises.
The Philippines is pushing a four-year plan to modernize its agriculture sector, focusing on better infrastructure, logistics, and irrigation, according to Agriculture Assistant Secretary Arnel De Mesa at the “Canada-in-Asia: Momentum Manila” event. Speaking on behalf of Agriculture Secretary Francisco Tiu Laurel Jr., De Mesa said reducing post-harvest losses is central to improving productivity and food security.
Globe Telecom says its mobile data rates have dropped almost 60 percent since 2019, driven by stronger competition and sustained network investments. CEO Carl Cruz said the company aims to make reliable internet more accessible nationwide.