Economy

BDO Unibank, Inc. (BDO) recorded a net income of ₱19.7 billion in Q1 2025, vs. ₱18.5 billion for the comparable period a year ago, driven by sustained performance across its core businesses. Return on Average Common Equity (ROCE) was at 13.8% for the peri...

MANILA, Philippines, March 24, 2025 — Property giant Megaworld is further ramping up its office portfolio by investing P30-billion in the next five years to build new office buildings, as well as reinvent, reinvigorate, and reimagine its existing office d...

Davao City has the largest share in Mindanao’s 2023 Gross Domestic Product (GDP) among the 28 provinces and six Highly Urbanized Cities (HUCs) with at least P532.54 billion based on the Philippine Statistics Authority’s (PSA) Provincial Product Accounts r...

Telecommunication giant PLDT, Inc. has committed to enhancing its performance this year following a reported net income of P32.3 billion, up 21 % in 2024 driven by service revenue growth.

Davao’s cacao industry is getting a digital boost, thanks to PLDT and Smart’s partnership with Mennonite Economic Development Associates (MEDA) and the Department of Agriculture-Agriculture Training Institute (DA-ATI.) A year into the collaboration, more...

Panabo, Davao del Norte, Philippines— Damosa Land, a premier real estate and agro-industrial developer in Mindanao, is proud to announce a strategic partnership with Thai Coconut Public Company Limited (COCOCO) through the signing of a Memorandum of Under...

In 2011, former corporate employee Wilmar Ompoc from Bukidnon decided to make farming his livelihood, developing a piece of land from his in-laws. Without prior exposure to agriculture, Wilmar initially faced numerous challenges.

The Davao City Government, through the Davao City Investment Promotion Center (DCIPC), continues to offer fiscal and non-fiscal incentives to local and international investors in the city.

Cebu Landmasters, Inc. (CLI), a publicly listed company and the leading real estate developer in the Visayas and Mindanao (VisMin), has achieved the distinguished Great Place to Work® (GPTW) certification in the Philippines. This milestone underscores CLI...

Recent studies suggest a growing interest in the crypto sector in the last few months which can be tagged to the high demand of Bitcoin ETF - Bitcoin Exchange-traded Fund and the recent uprise in the trading of memecoin.

The advancement of digital transformation in the Philippines hinges on the strength of public-private partnerships (PPPs), which are crucial in bridging connectivity gaps and driving the effective use of technology.

‘Buy now, Pay later’, credit options now available in over 42 Amesco Drug branches

Davao City, a thriving hub of economic activity in the Philippines, has seen rapid growth that underscores the need for reliable and sustainable infrastructure. As the population and business sectors continue to expand, so too does the demand for essenti...

CoinEx, a leading cryptocurrency exchange, announced an update to its Asset Reserve Ratio on 15th November 2024 at 10:00 (UTC), reaffirming its commitment to transparency, security, and building trust within the crypto community.

AirAsia Philippines, Asia's leading low-cost airline, has already welcomed over 6.6 million passengers in 2024, surpassing its total for 2023, driven by a surge in holiday travel that began in November and is expected to peak in December.

Gredu Substation at Cabaluna Street, Brgy. Gredu in Panabo City is the newest distribution substation of AboitizPower subsidiary, Davao Light and Power Co., Inc. (Davao Light). The project was started in 2022, loaded and energized in September 2024, and i...