Companies

Shakey’s Pizza Asia Ventures Inc. Partners with Lark to Boost Digital Transformation and Operational Efficiency

MANILA, PHILIPPINES — Lark, the all-in-one productivity platform trusted by leading brands across Southeast Asia, is proud to announce its partnership with Shakey’s Pizza Asia Ventures Inc. (PSE:PIZZA | SPAVI), one of the Philippines’ leading food service groups, to support the digital transformation of its restaurant operations and corporate teams. Shakey’s Pizza Asia Ventures Inc. (SPAVI) is home to one …

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Axelum revenue tops ₱10B mark in 2025

Axelum Resources Corp. (PSE: AXLM), the country’s leading fully integrated manufacturer and exporter of premium coconut food products, delivered a record-breaking financial performance for the full year 2025, with consolidated topline revenue surging 39% to an all-time high of ₱10.2 billion. This growth was fueled by significant gains in both international and domestic markets, with export sales rising 41% and local …

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Balancing energy needs with security issues

By DIEGO C. CAGAHASTIAN With the West Asia conflict still unresolved and the Iran-controlled Strait of Hormuz where our usual oil imports pass, the Philippines is constrained to look for alternative sources of oil which is the single most important commodity needed to run the economy. Russia may be a willing and helpful friend, as it has already provided some …

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Deficit widens, gov’t to adjust targets

The fiscal gap of the Philippines widened last month (March) as spending growth outpaced revenue gains Stronger cumulative collections, however, contributed to a slimmed deficit in the first quarter of the year. In a statement on Thursday, the Bureau of the Treasury said the budget deficit in March rose 2% to P349.7 billion from a year earlier, driven by faster …

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Globe buys back $426 M securities

Globe Telecom Inc. has disclosed to the Philippine Stock Exchange that  it has purchased $426.42 million of securities from the total $600 million issued in 2021. “An aggregate principal amount of $173.58 million of the securities would remain outstanding,” Globe said. Globe priced the offer at $1,000 per $1,000 principal amount of securities and will also pay sellers an accrued …

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PLDT to use new conversational agent

PLDT Inc. will use one of the most advanced agentic artificial intelligence (AI) to expedite information exchange with enterprises. PLDT said it will partner with New York-based innovator UiPath in deploying conversational agent KAI, short for Knowledge, Automation, Intelligence. The new facility is viewed in the AI industry as one of the most advanced agentic solutions right now. KAI will …

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PH Gross Gaming Revenues up 6.39% to Php396.14B in 2025

The Philippine gaming industry generated Php396.14 billion in gross gaming revenues (GGR) in 2025, up 6.39% from the Php372.33 billion in the previous year, with revenues from the online and electronic gaming sector offsetting the decline in earnings from brick-and-mortar casinos. The electronic and online gaming segment – which includes the E-Bingo, E-Games, Bingo Grantees and Onsite and Offsite Poker …

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Unilever Philippines and General Trias City  Bolster Community Livelihoods

Unilever Philippines, together with the City Government of General Trias and its City Social Welfare Development Office (CSWD), has officially launched a livelihood partnership, named GentriAsenso, a community-based skills and livelihood program aimed at creating additional income opportunities for General Trias residents. The collaboration was formalized through the signing of a Memorandum of Agreement (MOA), which was attended by 121 …

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UN Global Compact Network PH elects new officers 

Manila, Philippines — Global Compact Network Philippines (GCNP), the country network of the United Nations Global Compact, has elected a new set of officers for 2026–2027. GCNP’s new officers include: PLDT’s Chief Sustainability Officer Melissa Vergel de Dios as Chairman, Globe Telecom Head of Sustainability and Social Responsibility Apple Evangelista as Vice Chair, PTC Holdings Corp. Executive Director for Corporate …

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Mega Prime Foods and Charoen Pokphand Foods Break Ground on Zamboanga’s First World-Class Egg Layering Facility

Mega Prime Foods Inc. (MPFI), the company behind the Philippines’ leading sardines brand Mega Sardines, marks a significant milestone in its growth journey as it expands beyond seafood and into agriculture through a landmark partnership with global agro-industrial leader Charoen Pokphand Foods (CPF). The two companies recently broke ground on the Mega CP Layer Complex in Zamboanga City, positioning the region …

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