Wednesday, May 20, 2026
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Tag: decline

Century Properties’ Q1 EBITDA up 5% to P1.04 billion

Century Properties Group Inc. (CPG) reported a 5-percent increase in first-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) to P1.04 billion from P988...

Philippines building permits dropped 8.5% in July as construction slowed

Building permits in the Philippines dropped 8.5 percent year-on-year in July to 15,395, according to preliminary data from the Philippine Statistics Authority (PSA). The total...

Power rates in spot market declined in June on lower demand, says IEMOP

The average system-wide power rates in the Philippines' spot market declined 3.9 percent in June 2025 on lower demand and supply, the Independent Electricity...

Violence against children cases down, but gov’t remains vigilant — CWC

The number of cases involving violence against children (VAC) in the Philippines has been decreasing under the administration of President Ferdinand Marcos Jr, according...

Semirara posted P4.4-b income in first quarter

Semirara Mining and Power Corp. (SMPC) reported a net income of P4.4 billion in the first quarter of 2025, a 33-percent decline from P6.5...

REDC reports 30% decline in profit on higher expenses

LISTED Repower Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp., said its net income fell 30.7 percent to P119.2 million in...

PH stocks decline on global trade uncertainties

Philippine stocks edged lower Thursday as Asian equities ended mixed, as US-China trade war continuing to affect investor sentiment. The 30-company Philippine Stock Exchange index...

Foreign direct investments fell 20% to $731m in January

Foreign direct investment (FDI) net inflows amounted to $731 million in January 2025, down by 20 percent from $914 million recorded in the same...

PH stocks decline on growing US trade concerns

Philippine stocks ended the trading week in the red as US and Asian markets slipped due to concerns about the possible impact of US...

DMCI’s net income dropped 21% to P19b in 2024

DMCI Holdings Inc. reported a net income of P19 billion in 2024, a 21-percent decline from P24 billion in 2023 on mixed results from...

Gross international reserves declined to $103b in January

The Philippines’ gross international reserves (GIR) fell to $103 billion as of end-January 2025 from $106.3 billion as of end-December 2024, the Bangko Sentral...

Boracay’s tourist numbers slip as travel issues mount

Boracay Island, the world-renowned beach destination in Malay, Aklan, experienced a 4.92 percent decline in tourist arrivals from January to August this year, according...

Disney lays off 7,000 as streaming subscribers decline

Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to...

Jobless rate drops to 17-year low of 4.2%

The country’s unemployment rate in November 2022 declined to a 17-year low of 4.2 percent from 4.5 percent a month ago and 6.5 percent...
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