Tag: SMC

Philex Mining Corporation narrowed its consolidated net loss to P200.37 million for the first six months of 2026, a marked improvement from the P592.48 million net loss posted in the first quarter alone, as solid performance in the April to June period offset earlier setbacks.

Banking giant BDO Unibank is stepping up its digital finance push by offering completely fee-free transactions on its payment platform, BDO Pay, while launching a cash reward incentive for users who refer family and friends.

Japanese utility Kansai Electric Power Co. is betting on the Philippines' clean energy transition, acquiring a stake in the 600-megawatt Wawa Pumped Storage Hydropower Project in Rizal as demand grows for technologies that can stabilize an increasingly renewable-powered grid.

The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.