Tag: Ponzi scheme

The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.

Aboitiz Power Corp. reported a 13‑percent increase in net income for the first nine months of 2026, reaching P26.2 billion from P23.3 billion in the same period of 2025, the company said in a disclosure filed Thursday at the Philippine Stock Exchange.

The Department of Agriculture has welcomed the Ombudsman’s order putting three DPWH officials under preventive suspension amid a graft probe into farm‑to‑market road projects in Davao Occidental.

Renewable energy groups are pushing for an urgent energy summit for the Visayas region before the Christmas holiday, warning that narrow power reserves are putting households and businesses at risk of outages and higher electricity bills.