Xurpas Inc., a Philippine-listed technology company that specializes in making digital products and services for mobile-end users, said its board on Friday approved the establishment of a wholly owned subsidiary that will market its products and services in Australia.
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.
PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.
Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.
Indian infrastructure giant GMR Group is looking to expand its Philippine footprint as it positions its newly opened Alluri Sitarama Raju International Airport in Andhra Pradesh as a gateway connecting India with Southeast Asia.