An unexpected power outage could not have come at a more ironic moment, as the Department of Energy (DOE) experienced a brownout at its own head office in Taguig City during a press briefing led by the DOE chief himself. During a press conference held by Energy Secretary Raphael P.M. Lotilla,...
While the Parañaque real estate market has been affected by the ban on POGOs, D.M. Wenceslao and Associates, Inc. (DMW) continued to grow its earnings due to the boost from its new mall. In a disclosure to the Philippine Stock Exchange, the firm said its first quarter 2025 net income grew two...
Following the weaker-than-expected gross domestic product (GDP) growth in the first quarter of 2025, the country’s national socioeconomic planner stated that abandoning the Marcos administration’s ambitious growth goal of six percent to eight percent might be too soon. “It’s too early to...
Bank of the Philippine Islands’ stock brokerage arm BPI Securities Corporation is still sticking to its January forecast for the PSEi to end the year at the 7,600 level despite current market volatility that started with Trump’s election and his controversial tariff policy. “Our team did not...
Despite an accelerated loan loss provisioning, Alfredo Yao 's Philippine Business Bank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins. In a disclosure to...
Consunji-led Concreat Holdings Philippines (CHP) , the former Cemex Holdings Philippines Inc., expects 2025 to remain a challenging year for the local cement industry but is hopeful of a recovery in the medium term and a financial turnaround in three years. During the firm’s annual...
The Department of Economy, Planning, and Development (DEPDev) officially launched the Trabaho Para sa Bayan (TPB) Plan 2025-2034 on Monday, May 5, marking the Philippines’ first 10-year labor market development strategy. The landmark plan lays out a comprehensive roadmap for job creation, labor...
Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City. In a disclosure to the Philippine Stock Exchange, the firm said the new production...
Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City. In a disclosure to the Philippine Stock Exchange, the firm said the new production...
