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.
Filinvest Land Inc., the listed property development arm of the Gotianun Group, completed the payment of its 5.5-year fixed-rate bonds worth P1.76 billion on May 18, 2026, fulfilling its obligations on the securities’ maturity date.
Academic leaders, semiconductor executives, and government officials gathered Monday at the Asian Institute of Management to push for a stronger Philippine foothold in the global semiconductor industry’s high-value frontier: integrated circuit (IC) design.
V-GREEN, a global electric vehicle (EV) charging developer, is ramping up its presence in the Philippines with new partnerships aimed at fast-tracking large-scale EV charging and battery-swapping networks.
The Philippines and the US are moving full steam ahead on the proposed Pax Silica industrial hub in New Clark City, aiming to secure billions in long-term AI and tech investments that transcend political cycles.