THE ECONOMY requires stronger industry spending if gross domestic product (GDP) is to move beyond its current growth track, ...

CAIRO – Israeli planes and tanks kept bombarding eastern areas of Gaza City overnight, killing at least 11 people, witnesses ...

RAZON-LED integrated resort developer and operator Bloomberry Resorts Corp. reported a net loss of P1.4 billion for the second quarter (Q2), reversing a P1.3-billion net profit a year earlier. Gross ...

TY-LED conglomerate GT Capital Holdings, Inc. saw a 39% increase in its second-quarter (Q2) attributable net income to P9.28 billion from P6.67 billion last year driven by its financial services and ...

THE ASIAN Development Bank (ADB) has greenlit a $400-million loan to expand the Philippine government’s food stamp program aimed at reducing involuntary hunger among low-income households. In a ...

THE PESO rebounded to the P56-per-dollar level on Wednesday as July US consumer price index (CPI) data supported bets of a September rate cut by the US Federal Reserve. The local unit closed at P56.72 ...

LISTED food and beverage manufacturer Century Pacific Food, Inc. (CNPF) reported a 4% increase in second-quarter (Q2) net income to P1.99 billion from P1.91 billion a year earlier, driven by stronger ...

PHILIPPINE RICE IMPORTS are projected to decline by 500,000 metric tons (MT) this year compared to initial projections due to the two-month import ban set to take effect in September, according to the ...

CONVERGE ICT SOLUTIONS, Inc. has revised down its full-year revenue growth guidance to 10-12% from an earlier forecast of up to 16%, despite posting higher net income for the second quarter (Q2), ...

AYALA CORP. reported a 17% increase in second-quarter (Q2) attributable net income to P10.76 billion from P9.21 billion a year ago, supported by higher contributions from its banking and real estate ...

YUCHENGCO-LED holding company House of Investments, Inc. (HI) has allocated P22 billion in capital expenditures (capex) for 2025 and 2026 to fund expansion across its education, energy, and property ...