Gold futures surged past USD4,000 per ounce for the first time, extending a historic rally as escalating global uncertainty drives investors toward traditional safe-haven assets.
A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.
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.
Repower Energy Development Corporation (REDC) reported a sharp increase in its earnings for 2025, reflecting stronger operations and continued expansion of its renewable energy projects.
SM Mall of Asia Arena has crossed more than 2,400 shows since opening in 2012, cementing its position as the Philippines’ premier indoor events venue amid rising demand for large-scale entertainment and sports productions.
The Department of Agriculture has expressed strong optimism over the ongoing upgrade of fish port facilities in Surigao City, following an inspection led by Agriculture Secretary Francisco Tiu Laurel Jr., as the government accelerates efforts to modernize the country’s fisheries sector.
Investment activity at the Aurora Pacific Economic Zone and Freeport Authority (APECO) is expected to gain momentum following a new order from the Bureau of Customs formally recognizing the ecozone as both an importing and exporting freeport, as well as an accrediting agency for the Customs Client Profile Registration System (CPRS).