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.
The outdoor red dirt of Spain offered little mercy for Alex Eala, who bowed out of the Matua Madrid Open after a straight-sets loss to Belgium’s Elise Mertens.
ACMobility expects electric vehicle (EV) adoption in the Philippines to accelerate far beyond earlier projections, with industry penetration potentially reaching 50 percent by 2030, according to chief executive officer Jaime Alfonso Zobel.
A planned 4,000-acre artificial intelligence (AI)-driven industrial hub in New Clark City is being positioned as a major draw for foreign investments and a catalyst for reviving key Philippine industries, government officials said on Friday.
Consumer sentiment in the Philippines improved at the start of 2026, but both households and businesses are growing more cautious about the months ahead, according to surveys by the Bangko Sentral ng Pilipinas (BSP). The shifting outlook highlights the delicate balance policymakers face as they weigh inflation risks against slowing economic momentum.