Budget gap falls below ceiling in first quarter
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PHILIPPINE STAR/ MIGUEL DE GUZMAN THE NATIONAL Government (NG) fell short of its budget deficit ceiling in the first quarter, after missing…
Biden to send special trade mission to Philippines
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US PRESIDENT Joseph R. Biden, Jr. (right) shakes hands with Philippine President Ferdinand R. Marcos, Jr. during a meeting at the White…
IMF raises Asia’s economic outlook on China recovery, warns of risks
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The International Monetary Fund (IMF) raised Asia’s economic forecast to 4.6% this year. — IMF PHOTO/JOSHUA ROBERTS THE INTERNATIONAL Monetary Fund (IMF)…
ACEN secures contracts for Australia solar farms
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ACEN ACEN Corp. has secured 20-year service contracts for its solar projects in Australia at a price that protects it from low…
SMPC studies natural gas, plans diversified portfolio
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SEMIRARA Mining and Power Corp. (SMPC) is planning to diversify its portfolio and considering a shift to liquefied natural gas (LNG), the…
GMA posts 71.5% income decline, blames absence of political ads
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GMA NETWORK, Inc. suffered a 71.5% decline in net income attributable to shareholders to P603.57 million in the first quarter from P2.12…
AG&P says unit secures five LNG contracts
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A SUBSIDIARY of AG&P International Pte. Ltd. has secured five liquefied natural gas (LNG) contracts across the Philippines, Australia, Middle East, and…
AG&P says unit secures contracts for five projects
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A SUBSIDIARY of AG&P International Pte. Ltd. has secured contracts for five projects across the Philippines, Australia, the Middle East, and Europe,…
Fruitas swings to profitability with P82-M net income
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FRUITAS Holdings, Inc. reported on Tuesday a consolidated net income of P82.36 million in 2022, a reversal of its net loss of…
RFM net income falls nearly 60%
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RFM Corp. registered an attributable net income of P135 million in the first quarter, down 59.6% from P332 million last year, due…