AbaCore rides real estate gains to 1Q profit surge
AbaCore Capital Holdings Inc. reported a robust financial rebound in the first quarter of 2025, posting a net income of ₱107.3 million, a dramatic turnaround from a ₱15.3 million loss in the same period last year.
STI earnings jump 45% on tuition hikes, enrollment boom
STI Education Systems Holdings Inc., the country’s largest private school network operator, reported a 45 percent jump in net income to ₱1.6 billion for the first nine months of its fiscal year ending March 2025, driven by strong enrollment growth and higher tuition fees.
GMA takes legal action vs TAPE over alleged misused ad revenue
GMA Network, Inc. has filed a criminal complaint for estafa with abuse of confidence against key executives of Television and Production Exponents, Inc. (TAPE), the former production company behind the long-running noontime program Eat Bulaga.
Smart surges ahead with 5G-driven data boom
Smart Communications, Inc. (Smart), the wireless unit of PLDT Inc., reported a sharp uptick in mobile data usage in the first quarter of 2025, underscoring the commercial importance of 5G technology as the telco race intensifies.
RCBC to offer fixed-rate peso bonds for growth, sustainability
Rizal Commercial Banking Corp. (RCBC), the country’s sixth largest lender, has announced plans to issue fixed-rate peso-denominated bonds under its updated P200 billion bond and commercial paper program. This move signals the bank’s commitment to enhancing its capital structure and supporting strategic initiatives.
