Petron profit fall 56% to P1.8B on refinery shutdowns, oil shock
Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read
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Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read
Toyota Motor Philippines Corp. (TMP), through its luxury brand Lexus Philippines, will serve as the official mobility partner for the Philippines’ hosting of…
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A transport advocacy group filed a graft complaint Monday at the Office of the Ombudsman against current and former transportation officials, alleging they…
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Belle Corp. is moving closer to a major expansion in Clark, betting on the area’s rise as the country’s next gaming and tourism hub, with plans to open an…
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Bloomberry Resorts Corporation will part ways with one of its senior executives overseeing casino operations, as the group continues to adjust its leadership…
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Suzuki Philippines has opened Suzuki Auto Pasong Tamo in Makati City, further expanding its dealer network in Metro Manila.
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SMIC’s journey under leaders like Gomez mirrors the country’s own economic maturity. Listed in 2005 with modest beginnings of 19 malls, 55 retail stores, 361…
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PXP Energy Corp., the upstream oil and gas firm led by Manuel V. Pangilinan, sank deeper into the red in the first quarter, widening its net loss attributable…
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The 17th Asian Innovation Forum, organized by the Daily Tribune on 29 April at Barangay Poblacion, Muntinlupa City, focused on promoting sustainable income…
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Duty Free Philippines Corp. (DFPC), an attached agency of the Department of Tourism, is seeking to drive up traveler spending with new incentive programs.
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The local government of Pasig City has ordered the closure of Zerrin Development Corp., operator of the Bleu Hotel, following a National Bureau of…
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Citicore Renewable Energy Corp. (CREC) has secured shareholder approval for its planned merger with six subsidiaries to streamline operations.
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AC president and CEO Cezar Consing said the firm is reassessing its earlier guidance of P220 billion to P230 billion in capital expenditures (capex), which had…
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A new P7-billion financing program is being rolled out to help small businesses cope with rising fuel costs, with the private sector taking a more active role…
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China Banking Corp. (Chinabank) reported a P6.8-billion net income in the first quarter of 2026, up 4 percent year-on-year, supported by sustained growth in…
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Renewable energy firm Raslag Corp., led by Pampanga-based businessman Peter Nepomuceno, is seeing tighter control from its main shareholder after J Ten…
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Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a consolidated net income of P618.33 million in 2025, down from P881.41 million in 2024, as higher…
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DoubleDragon Corp.’s hospitality arm is planning a $300 million capital raise in the United States to scale its Hotel101 brand worldwide and shift further…
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