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.
Benguet Corp. announced on Thursday that its audited financial statement for 2024 revealed a decline in net income to P436 million, down from P554 million in 2023. The drop was largely attributed to the mining company's debt settlement.
The Subic Bay Metropolitan Authority (SBMA) is closing in on a major milestone, having generated nearly P593 billion in total investments from its establishment in 1992 through 2025, underscoring its role as a key engine of national development.
Listed renewable energy developer Raslag Corp. plans to spend between P2 billion and P3 billion in capital expenditures this year, a sharp increase from only around P500 million last year, as it moves from project preparation to actual construction and equipment procurement.
The Sugar Regulatory Administration (SRA) has issued new guidelines governing the planned export of up to 100,000 metric tons (MT) of raw sugar to the United States for crop year 2025–2026, outlining who may participate and stressing that the program can be stopped at any time if conditions change.
A P3.3-billion SMX Convention Center, billed as the largest in the Philippines, will rise in Cebu by the third quarter of 2026, cementing the city’s position as a premier hub for meetings, incentives, conferences, and exhibitions (MICE).