Ayala-led Globe Telecom Inc. reported a six percent increase in net income for the first nine months of the year to P20.6 billion from P19.4 billion in the same period last year, driven by higher earnings before interest, tax, depreciation, and amortization (EBITDA). In a regulatory filing, Globe...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. (RCBC) to roll out the SynerFi platform for small lenders’ digital transactions in the countryside. SynerFi’s open-payments infrastructure grants customers of rural banks...
SM Prime Holdings Inc., the property arm of the SM Group, has achieved LEED Gold certification for seven of its properties as of 2024. In a statement, the firm said it continues to pursue green certification for its other properties to address climate change and enhance disaster resilience. The...
Consunji-led diversified engineering conglomerate DMCI Holdings reported a three percent improvement in net income to P4 billion for the third quarter of 2024, from P3.9 billion in the previous year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the increase was driven by...
Century Pacific Food Inc. (CNPF), one of the leading food companies in the Philippines, is seeking to strengthen its presence in the vast Chinese market by appointing a new distributor, Shanghai Ikai International Trading Co. In a disclosure to the Philippine Stock Exchange (PSE), CNPF stated that...
Sy-led BDO Unibank Inc., the country’s largest bank, is expanding its footprint in Metro Manila with a recruitment drive for experienced branch officers. BDO is seeking individuals with a minimum of five years of experience in branch banking operations. Ideal candidates are passionate about...
Megaworld Corporation, the country’s pioneer builder of townships, reported a 16 percent growth in net income for the first nine months of 2024 to P15.69 billion, from P13.5 billion in the same period last year, as all its key businesses improved. In a disclosure to the Philippine Stock Exchange...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
To efficiently help with the operations and maintenance of its water facilities, East zone concessionaire Manila Water Co. will roll out its integration of communication and automation technologies at the Calawis and Medium-Term Common Line (MTCL) Water Supply System Projects Phase 1. The...
San Miguel Food and Beverage Inc. (SMFB) posted an 11 percent hike in consolidated net income to P30.4 billion for the first nine months of 2024 due to significant growth registered across all business segments. In a statement, the firm said that, for the period ending Sept. 30, 2024, consolidated...
Century Pacific Food Inc. of the Po family, one of the leading branded food companies in the Philippines, posted a 14 percent improvement in net income to P5.3 billion in the first nine months of 2024 from P4.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange...
Zobel-led real estate giant Ayala Land Inc. (ALI) sustained its solid earnings growth momentum for the first nine months of 2024 with a 15 percent net income growth to P21.2 billion from P18 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...