BDO 1H profit rose despite higher costs
BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.
Agri losses near ₱2B as weather damage expands
The agriculture sector continues to reel from compounding weather-related damage, with total losses now reaching ₱1.84 billion due to the combined effects of the southwest monsoon and Tropical Cyclones Crising, Dante, and Emong, according to a Sunday morning advisory from the Disaster Risk Reduction and Management Operations Center of the Department of Agriculture (DA).
Alternergy hits ₱4.9B in loans for Rizal wind farm
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. has secured the third drawdown of ₱1.4 billion from its ₱5.3-billion loan facility with Bank of the Philippine Islands (BPI) and Security Bank, the company announced Sunday.
AC Health takes over FEU-NRMF Medical Center
Ayala Healthcare Holdings Inc. (AC Health) subsidiary Healthway Medical Network has assumed control of the FEU-NRMF Medical Center, a 300-bed university hospital located in Quezon City. T
DigiPlus maintains steady operations amid calls for online gaming ban
Despite mounting calls for stricter regulation and even a potential ban on online gaming, DigiPlus Interactive Corp. is staying the course, maintaining normal operations and reaffirming its commitment to regulatory compliance and corporate governance.
