Philippine agriculture gathered momentum in the second quarter as all four major farm subsectors expanded, signaling a broader recovery that could bolster food supply and help temper inflation despite persistent climate and animal disease risks.
OceanaGold (Philippines) Inc. more than doubled second-quarter profit as soaring gold prices more than compensated for lower production, highlighting how a buoyant bullion market continues to shield miners from operational headwinds.
China Banking Corp. posted another solid quarter, with first-half earnings rising 11 percent as robust loan growth, stronger interest income and healthier asset quality offset higher operating expenses.
Metro Manila's office market is showing signs of resilience despite slower leasing activity, with Colliers Philippines saying companies and landlords that move early on lease renewals, embrace flexible workspaces, and invest in sustainability will be best positioned as demand gradually recovers.