News

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 ...
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 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 ...
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 ...
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 ...
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), ...
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 ...
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 ...