Meralco, SPI seek 200-MW supply deal approval
MANILA ELECTRIC CO. (Meralco) and Sual Power, Inc. (SPI) have asked the Energy Regulatory Commission (ERC) to approve a four-year power supply agreement expected...
PLDT profit slips 1.77% to P8.87 billion as rising costs offset revenue growth
PLDT, INC. posted a 1.77% decline in first-quarter attributable net income to P8.87 billion from a year earlier, as higher expenses outweighed modest revenue...
Filinvest Development Q1 net income climbs 8% on real estate gains
FILINVEST Development Corp. (FDC) posted an 8% increase in first-quarter attributable net income to P3.9 billion from a year earlier, driven mainly by stronger...
AREIT Q1 net income rises 23.8% to P2.6 billion on asset contributions, strong leasing
AREIT, INC. posted a 23.81% increase in first-quarter net income to P2.6 billion from a year earlier, excluding fair value changes in investment properties,...
CLI鈥檚 Q1 earnings fall 11.5% in absence of one-off gain
LISTED property developer Cebu Landmasters, Inc.鈥檚 (CLI) attributable net income fell 11.5% in the first quarter to P880.85 million from a year earlier, as...
Eneos to buy Chevron fuel assets for $2.17B
JAPANESE ENERGY GROUP Eneos Holdings, Inc. will acquire the fuel and lubricant marketing businesses of Chevron Corp. across the Asia-Pacific region in a $2.17-billion...
GMA Network Q1 profit drops 87% on weaker ad revenue
GMA NETWORK, INC.鈥橲 attributable net income plunged 87% to P102.47 million in the first quarter from a year earlier, as lower advertising revenue weighed...
Shakey鈥檚 Pizza Q1 profit falls 27% on higher costs
SHAKEY鈥橲 Pizza Asia Ventures, Inc. posted a 27% decline in first-quarter attributable net income to P133.8 million from a year earlier, as higher costs...
Converge keeps 2026 revenue goal amid strong internet demand
CONVERGE ICT SOLUTIONS, Inc. is keeping its revenue growth target of up to 10% for 2026 despite economic pressures from the Iran war, as...
Bacolod retail sector seen expanding with fresh property investments
BACOLOD鈥橲 retail sector is expected to expand over the next three years as major developers invest in commercial projects, supported by the city鈥檚 strong...
First Gen to build solar rooftop system for Goldilocks Cebu plant
FIRST GEN CORP. will build a solar rooftop facility for the production plant of Goldilocks Bakeshop, Inc. in Lapu-Lapu City, Cebu, as the company...
Lopez majority withdraws resolution removing Piki Lopez
THE MAJORITY BLOC of Lopez, Inc. said it has withdrawn its Feb. 27 board resolution removing Federico 鈥淧iki鈥 Lopez as president and chief executive...