Globe Telecom Inc., a leading telco-to-tech provider in the Philippines, reported a 14-percent decline in net income for the first nine months of 2025, citing intense industry competition and the economic effects of recent typhoons. Read more »
The Office of the Ombudsman has launched a formal investigation into three former undersecretaries for alleged money-laundering activities, the agency confirmed this week. Read more »
Puregold Price Club Inc. has intensified its support for sari-sari stores, emphasizing their role as essential community retailers and contributors to local economies. Read more »
Prime Infrastructure Capital Inc., the company headed by businessman Enrique Razon, announced significant changes to the leadership of its water and energy subsidiaries, Manila Water Co. and Prime CoreGen. Read more »
Some of the country’s major business organizations are calling on the government to return more than P107 billion that the PDIC remitted to the National Treasury, saying the move could erode trust in the financial system. Read more »
President Ferdinand Marcos Jr. has launched Oplan Kontra Baha, a multi-sectoral campaign designed to reduce flooding in Metro Manila and nearby provinces by up to 60 percent through extensive clearing and rehabilitation of waterways and drainage systems. Read more »
