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

A Chinese jet fighter “intercepted” a Philippine aircraft carrying journalists during a patrol flight over the Scarborough ...

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 ...

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 ...

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 ...

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 ...

MANILA ELECTRIC CO. (Meralco) said it spent P1.9 billion in the second quarter to increase capacity by 450 megavolt-amperes (MVA) and upgrade substations and transmission lines in Metro Manila, Laguna ...

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 ...

APEX MINING CO., Inc. reported a 67% increase in its attributable net income for the second quarter (Q2) to P1.71 billion, from P1.03 billion a year ago, driven by higher gold prices. Revenue for the ...