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DMCI profit jumps as mining, power offset Maynilad drag

DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.

Marcos grants PEZA status to Aboitiz Batangas IT hub

President Ferdinand R. Marcos Jr. has declared the Aboitiz Group's Biz Hub at Lima Estate in Lipa City, Batangas as a special economic zone, paving the way for the mixed-use development to attract more information technology and business process management (IT-BPM) investments outside Metro Manila.

Holcim expands road safety campaign before school reopening

Holcim Philippines has expanded its nationwide road safety campaign ahead of the opening of classes, reinforcing efforts to reduce traffic accidents by educating drivers, pedestrians, cyclists, and communities about one of the most overlooked hazards on the road: vehicle blind spots.

Retailers see modest growth amid rising costs, online rivals

Philippine retailers are bracing for another challenging year, with industry growth expected to remain in the single digits as higher operating costs, cautious consumers, and intensifying competition from online sellers continue to squeeze margins, according to the Philippine Retailers Association (PRA).

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