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.
The Securities and Exchange Commission has formally introduced structured warrants as a new financial product in the Philippine market. At the agency’s en banc meeting on July 23, SEC director Ela R. Xavier-Padilla announced the approval of a memorandum circular setting out the rules and regulations for the registration and trading of structured warrants.
Century Pacific Food Inc. (CNPF) announced on Wednesday that it has fully recovered the equivalent of all flexible plastic packaging waste it generates, preventing some eight billion sachets worth of plastic from ending up as environmental waste.
Trade Secretary Cristina A. Roque said the landmark ASEAN Digital Economy Framework Agreement (DEFA) could reshape regional commerce by lowering barriers to cross-border digital trade, opening a larger market for Philippine businesses and accelerating Southeast Asia's digital economy into a multi-trillion-dollar growth engine.
Tim Ho Wan, the dim sum brand owned by the Jollibee Group, has unveiled a four-year growth strategy for Taiwan that will see its store network expand from 16 locations to 32 by the year 2030