Tag: sugar prices

SM Investments Corporation posted a 9 percent rise in consolidated net income to ₱70.2 billion for the first nine months of 2026, from ₱64.4 billion in the same period last year. Consolidated revenues also grew 5 percent to ₱506.8 billion.

An expanded logistics hub in Clark is strengthening United Parcel Service’s (UPS) freight operations in the Philippines and improving local businesses’ access to international markets as the global courier and Delbros Group respond to increasingly complex supply chain requirements.

ACEN Corp. reported a net loss of P609 million in the third quarter of 2026 after booking provisions and impairment charges for wind and solar assets, even as stronger generation and contributions from new projects lifted consolidated net income for the first nine months by 84 percent to P3.3 billion.

The Bangko Sentral ng Pilipinas (BSP) and GCash are urging financial institutions to shift their focus from simply opening accounts to helping Filipinos build savings, manage emergencies and gain access to insurance and investments.