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Axelum swings to profit

April 12, 2025

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Manila Bulletin

Axelum Resources Corp., the country’s leading fully integrated manufacturer and exporter of premium coconut-based food products, reported a financial turnaround with a net income of P688 million last year, from a loss of P818 million in 2023.

“Our turnaround strategies delivered positive results with some of our core product segments reaching new highs owing to proper execution and improved market conditions,” said Axelum President and COO Henry J. Raperoga in a disclosure to the Philippine Stock Exchange.

Axelum, an affiliate of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), generated record sales of P7.3 billion, up 29 percent from the previous year, driven by robust volume growth across core product segments.

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16 DPWH personnel in Bulacan suspended over 'ghost' projects

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Manila Bulletin

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time to read

1 mins

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time to read

1 mins

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The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) is not ruling out the possibility of Tropical Storm “Nando” (international name: Ragasa) intensifying into a super typhoon before it makes landfall in the country.

time to read

2 mins

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Over 1,000 classrooms turned over 'unfinished'

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time to read

2 mins

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Recognizing the need to ensure the safety of the investigating panel, the Philippine National Police (PNP) announced on Friday, Sept. 19, that it is ready to deploy uniformed personnel to meet the immediate security needs of the Independent Commission for Infrastructure (ICI) as it begins probing reported anomalies in the flood control projects of the Department of Public Works and Highways (DPWH).

time to read

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September 20, 2025

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