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The Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (DA-BFAR) has started a five-year satellite hatchery for milkfish to reduce the sector’s dependence on imported fries—a recently hatched fish…
Electricity consumers and science advocates raised a howl over renewed government moves to make the Philippines a nuclear-power country, particularly as the recently signed Executive Order No. 116 revived the…
The bottling company of Coca-Cola will spend an additional P1.1 billion to improve its operations in the country this year, bringing its total investment for 2020 to P4.7 billion despite…
ABS-CBN Corp. is doubling down on digital content as it confronts a new era without a broadcast franchise. The company announced on Friday the launch of Kapamilya Online Live, which…
The local banking system is well-positioned to withstand the shocks brought about by the COVID-19 crisis as its resources continue to increase, the Department of Finance (DOF) said Friday. In…
Gokongwei-led multibrand retailer Robinsons Retail Holdings Inc. (RRHI) saw a 33.2-percent year-on-year decline in second quarter net profit to P719 million with sales weighed down by the shutdown of most…
SM group-led China Banking Corp. grew its second quarter net profit by 27 percent year-on-year to P3 billion, bucking the downturn seen by other banking peers amid constraints arising from…
The country’s leading cement-maker, Holcim Philippines, swung to a net loss in the second quarter following the shutdown of its plants in Luzon in line with the coronavirus pandemic-related lockdown…
Leisure estate and gaming firm Belle Corp. incurred a net loss of P355 million in the second quarter, a reversal of the P1.21-billion net profit posted in the same period…
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