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Digital lender launches loan relief program for borrowers

CIMB Bank Philippines has introduced a financial assistance program to support qualified loan customers facing economic challenges.

Globe Business, Aeris launch IoT platform in PH

Globe Business has partnered with Aeris to introduce a new Internet of Things (IoT) platform aimed at improving connected mobility and enterprise operations in the Philippines.

Semirara profit dips as volumes weaken

Semirara Mining and Power Corp., the country’s main coal producer, reported a 12 percent decline in first-quarter net income to P3.8 billion from P4.4 billion a year earlier, as softer coal shipments and weaker power generation offset relatively steady pricing, highlighting operational headwinds even as global coal benchmarks remained firm.

PXP Energy widens Q1 loss, eyes oil prospects

PXP Energy Corporation reported a wider first-quarter loss as higher financing costs and weaker crude prices offset modest revenue gains, while signaling a continued push to rebuild its upstream portfolio amid maturing assets.

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