Apex Mining bucks lower output with 94% profit rise
Despite a 20 percent decline in gold sold in Q1, Apex Mining’s net income climbed to P2.82 billion in the first quarter, from P1.45 billion a year earlier, or…
· 2 min read
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Despite a 20 percent decline in gold sold in Q1, Apex Mining’s net income climbed to P2.82 billion in the first quarter, from P1.45 billion a year earlier, or…
· 2 min read

Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
· 1 min read

National Grid Corporation of the Philippines on Wednesday issued the country’s first red alert for 2026 as consumers in Luzon and the Visayas may experience…
· 1 min read

The reduction will be reflected in electricity bills nationwide, as distribution utilities — including Manila Electric Co. and electric cooperatives — pass on…
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National Grid Corporation of the Philippines on Wednesday said the overall transmission rate for May 2026 has been reduced and will be reflected in consumers’…
· 1 min read

More than 200,000 customers across parts of the Manila Electric Co. (Meralco) franchise alone in Luzon experienced rotating power interruptions on Wednesday…
· 2 min read

Filinvest Development Corp. (FDC) is consolidating its Cebu hospitality assets under subsidiary Filinvest Hospitality Corp. (FHC) through a P2.4-billion…
· 1 min read

Ayala Corp. (AC) saw its first-quarter net income slip 5 percent to P12 billion from a year ago, dragged by weaker property earnings and the absence of last…
· 1 min read

Jollibee Foods Corp. (JFC) is reassessing its expansion and spending plans after first-quarter net income plunged nearly 39 percent, as surging input costs…
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Globe Telecom Inc.’s first-quarter net income fell 20 percent year-on-year to P5.6 billion from P7 billion, due to higher net interest expenses and the absence…
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Power supply in the Visayas was tight on Tuesday after the National Grid Corp. of the Philippines (NGCP) placed the region’s grid under yellow alert from 5 to…
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MORE Electric and Power Corp. (MORE Power), the Razon-led power distributor in Iloilo, is rolling out a three-year plan to shift to unmanned substations under…
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Ayala Corp. (AC), the country’s oldest conglomerate, is tightening its grip on regional capital markets with a fresh $100-million sustainability-linked…
· 1 min read

The Philippine National Oil Company–Exploration Corp. (PNOC-EC) will sell 45 million liters of government-procured diesel over the next three months to support…
· 2 min read

Ayala Corp. (AC), the country’s oldest conglomerate, is tightening its grip on regional capital markets with a fresh $100 million sustainability-linked…
· 1 min read

Meralco PowerGen Corp. (MGEN), the power generation arm of Manila Electric Co., has switched on its Toledo Battery Energy Storage System (BESS) project in…
· 2 min read

The Bureau of Internal Revenue (BIR) filed a criminal complaint Thursday with the Department of Justice against Lobelle Commodities Corp. for allegedly evading…
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Despite the uncertain global environment, the company will continue placing long-term investments while cushioning the impact of volatility through tighter…
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