Daily Business News

JG Summit revenues up 11% to P379.7 billion in 2024

JG Summit's revenues grew 11% to P379.7 billion in 2024, with core profits increasing by 29% to P24.9 billion year-on-year. The company attributed its strong...

MPAV eyeing leadership in agribusiness

Metro Pacific Agro Ventures Inc. (MPAV) is eyeing to be among the leaders in agribusiness and technological application in farming in the Philippines, with...

Number of sari-sari stores transacting online increasing

More sari-sari stores are transacting online through the Sari.PH Pro app, according to Packworks, reaching 175,000 of such stores in 2024, Data from Packworks reveals...

D&L plan to build new biodiesel factory a boost to coco farmers

Coconut farmers in the country are expected to benefit from publicly listed D&L Industries' plan to build a new biodiesel factory for its wholly...

NGCP eyes completion of more projects; Mindanao-Visayas interconnection among priorities

NGCP eyes completion of more projects; Mindanao-Visayas interconnection among priorities The National Grid Corporation of the Philippines (NGCP) is eyeing to complete several interconnections and...

Matrixdock integrates gold token with Binance Wallet; Token fully backed by gold

Matrixdock integrates gold token with Binance Wallet; Token fully backed by gold Matrixdock has integrated its flagship gold token, XAUm, with Binance Wallet, one of the world's...

Oil prices down on worries of recession in major economies

Oil prices down on worries of recession in major economies Oil prices fell on Monday, retreating from three-month highs, as growing concerns over a potential...

BCDA earns P11.3 billion in 2024; aims for at least P10 billion this year

BCDA earns P11.3 billion in 2024; aims for at least P10 billion this year The Bases Conversion and Development Authority (BCDA) earned gross revenues of...

Gold, silver lead recovery in prices of precious metals

Gold, silver lead recovery in prices of precious metals Gold and silver led the recover of precious metals in 2024, showing that the commodity markets...