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.
President Ferdinand Marcos Jr. has declared May 27, Wednesday, as a national holiday this year in observance of Eid’l Adha, one of two great Islam feasts.
foodpanda Philippines has distributed over P62 million in incentives to its Ka-panda delivery partners from March to May 2026 through nationwide add-on incentive quests aimed at boosting rider earnings and engagement.
SM Prime Holdings, Inc. has partnered with Ticketmaster to launch SM Ticketmaster, a new digital ticketing platform set to replace SM Tickets and expand online ticketing services across the Philippines amid rising demand for live entertainment.
Senator Bam Aquino has once again criticized the Department of Trade and Industry (DTI), raising concerns that a proposed regulation requiring permits for advertisements and promotional campaigns could create an additional bureaucratic burden for micro, small, and medium enterprises (MSMEs) and online sellers.