Tanco-led STI Education Systems Holdings, Inc. reported a 135 percent surge in net income to ₱619.1 million in the first quarter (July to September 2025) of the current fiscal year ending June 2026 from ₱263.24 million in the same period last year. In a disclosure to the Philippine Stock...
STI Education Systems Holdings Inc. posted a 38 percent jump in net income to ₱2.22 billion for the fiscal year ended June 30 this year from ₱1.61 billion the year prior, fueled by continued enrollment growth. In a disclosure to the Philippine Stock Exchange, the firm, which owns the...
Belle Corp., the leisure arm of the SM Group, reported a 14-percent drop in net income to ₱1.32 billion for the first nine months of 2025 from the ₱1.53 billion recorded for the same period in 2024, mainly due to lower earnings from City of Dreams Manila (CODM). In a disclosure to the...
Amber Kinetics, a leading designer of long-duration flywheel energy storage systems (FESS), marked a milestone in renewable energy deployment with the signing of a formal agreement with Indian Energy (IE), a 100% Native American–owned and operated microgrid developer. The agreement covers the...
As smart cities continue to grow, urban development becomes an increasingly complex task that requires advanced systems powered by artificial intelligence (AI) capabilities. The development of smart cities requires intelligent systems that can analyze extensive datasets and data-driven algorithms...
Mobile payment providers Apple Pay and Google Pay will not need to register with the Bangko Sentral ng Pilipinas (BSP) if they plan to enter the Philippine market, as the central bank does not qualify them as operators of payment systems (OPS). BSP Deputy Governor Mamerto Tangonan stated that the...
Belle Corp., the SM Group’s leisure property and gaming unit, reported a nine percent dip in net income to ₱801 million in the first six months of 2025 from the ₱882.4 million recorded for the same period last year due to lower sales at Tagaytay Highlands and a decline in earnings of City of...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Low-cost carrier Cebu Pacific has signed new agreements with foreign aviation companies covering operations and maintenance, as the airline prepares to expand into new domestic and international destinations. In separate statements on Tuesday, June 17, the Gokongwei-led airline announced that it...
SPC Power Corporation is actively exploring new project acquisitions and developments, including the integration of renewable energy (RE) sources. During the annual stockholders ' meeting on June 11, SPC Power Chairman Alfredo L. Henares stated that the company aims to support the Philippines...
Tanco-led STI Education Systems Holdings, Inc., owner of the country 's largest network of private schools, posted a 45 percent jump in net income to ₱1.62 billion in the nine-month period ended March 31, 2025, from ₱1.12 billion in the same period last year. “The significant net income...
Senator Grace Poe on Friday, May 16 called for the development of guidelines and tools that would ensure artificial intelligence (AI) systems in the country are ethical and inclusive, and innovative. Poe said the question of governance becomes increasingly urgent as AI continues to disrupt and...
