THE NATIONAL Government’s (NG) outstanding debt is projected to balloon to a record P19.06 trillion by the end of 2026, a Department of Budget and Management (DBM) document showed on Wednesday.

THE DEPARTMENT of Budget and Management (DBM) proposed double-digit increases for the Education, Health and Transportation departments under the 2026 national budget, but reduced the allocation for ...

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 ...

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 ...

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 ...

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 ...

LISTED Cebu Landmasters, Inc. (CLI) said it will launch 12 projects worth P29 billion in the second half of the year. The planned projects consist of residential, mixed-use, and hotel properties in ...

ABS-CBN Corp. trimmed its attributable net loss for the second quarter (Q2) to P289.74 million, driven by higher advertising revenues and lower expenses for the period. For the April-to-June period, ...

LISTED aviation-support provider MacroAsia Corp. saw its attributable net income fall by 15.26% to P365.78 million for the second quarter (Q2), as higher expenses and lower revenues weighed on its ...

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), ...