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Falling advertising revenue pushes six-month GMA Network Inc. profit 49% lower

GMA Network Inc. on Thursday reported a 49 percent decline in net profit in the first half of the year that it attributed to lower advertising revenue. 

ABS-CBN trims 1H net loss by 5% 

ABS-CBN Corporation on Thursday reported a 5 percent drop in net loss to P2.1 billion in the first six months this year from a net loss of P2.2 billion inthe same period last year. p

Filinvest Development earnings soar on  gains from banking, property, power ventures

Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Thursday net income surged 41 percent to P5.5 billion in the first half, bolstered by gains from its banking, property and power businesses. 

AREIT earnings surge on gains from recent strategic acquisitions 

AREIT Inc., the real estate investment trust of the Ayala Group, posted a 44 percent year-on-year increase in first-half net income to P2.9 billion,...

Bank of Commerce earnings dragged down by technology, people investments

Bank of Commerce, the banking affiliate of San Miguel Corp., saw net income in the first half decline by 11 percent to P1.42 billion, weighed...

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Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

DOE turns over 40-kW solar system to TESDA Taguig complex

The Department of Energy (DOE) has handed over a 40-kilowatt peak solar power system to the Technical Education and Skills Development Authority (TESDA) at its complex in Taguig City.

CAB approves lower fuel surcharge as jet fuel prices ease

The Civil Aeronautics Board (CAB) has approved a slight reduction in airline fuel surcharges for flights from May 1 to 15, 2026, as global jet fuel prices begin to ease after hitting record highs in April.

Aboitiz warns oil shock may hit consumers as Middle East conflict drives up costs

Aboitiz Equity Ventures Inc. is warning that the biggest risk from the ongoing Middle East conflict is not direct business disruption, but how sharply rising oil prices could affect consumers and demand.
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