PXP Energy Corp., a publicly listed oil and gas exploration firm, reported a first-quarter net loss of P9.4 million, significantly wider than the P2.6 million loss posted during the same period last year.
President Ferdinand R. Marcos Jr. is ringing the alarm on artificial intelligence after a high-level sit-down with JPMorgan Chase leaders in New York. The discussion, he said, highlighted the urgent need for governments and businesses to brace for AI-driven disruptions in economies and labor markets.
The Department of Agriculture (DA) has released guidelines for the importation of up to 250,000 metric tons of frozen fish and aquatic products to help ensure enough supply in the country.
SM Prime Holdings Inc., the listed property development arm of the Sy Group, said its commercial property arm has fully leased its Silangan warehouse complex in Laguna, reflecting rising demand for logistics space as e-commerce activity expands and manufacturers strengthen supply chains.