PXP Energy Corp., the listed oil and gas exploration firm of the MVP Group, said Friday it has raised its stake in FEC Resources Inc. to 81.25 percent from 78.39 percent by converting USD1.16 million in loans into 131.6 million new shares.
PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.
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.
Clark Water Corp. (CWC) is expanding its wastewater treatment capacity to support the next wave of investments in the Clark Freeport, underscoring the growing importance of modern utility infrastructure as the economic zone positions itself as a key gateway under the Luzon Economic Corridor.
Cebuana Lhuillier is broadening its business beyond microfinance, transforming its nationwide financial network into an integrated platform that helps companies expand, deepen customer engagement and unlock new growth opportunities.
Nonwoven textiles made from agricultural waste are emerging as a promising growth area for the Philippine manufacturing sector as the Department of Science and Technology–Philippine Textile Research Institute (DOST-PTRI) ramps up efforts to commercialize the sustainable material across multiple industries.
Isla Lipana & Co./PwC Philippines has admitted four new partners effective July 1, strengthening its assurance practice as demand grows for more sophisticated audit, risk and governance services amid an increasingly complex business environment.