JE Holdings secures a 99.59% stake in Robinsons Retail, putting the Gokongwei-led company on track for its planned July 28 delisting from the Philippine Stock Exchange.
The investment is seen to protect 2,000 jobs, create up to 2,000 more, fund exploration in Mindanao, and double the Masbate mine’s solar capacity.
Weak Q1 expansion of only 2.8% forces government to lower full year target, with officials banking on stronger infrastructure spending and easing inflation to lift growth in the second half.
First-half collections reached nearly ₱492 billion after June revenue exceeded target by 3.43%, keeping the Bureau of Customs on pace to hit its annual goal.
PETValue and Republic Cement team up to turn bottle caps, labels and other non-recyclable plastics into alternative fuel instead of landfill waste.
Flag carrier also launches Chicago route in November, and boosts capacity for travel, trade, and cargo.
Customers can send money to other banks and e-wallets for free through eligible RCBC Pulz and all DiskarTech person-to-person transactions as competition in digital banking intensifies.
Yet 52% of Filipino families still say they are poor.
PH factory activity logs a second month of growth as new orders hold firm, costs ease, and confidence softens despite improving output and supply conditions.
NCCC cites “realignment” to match shifting market conditions and customer demand as closures span supermarket, pharmacy and hardware units.
