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    Consumer sales, ad revenue help cut ABS-CBN 2022 losses by 54%

    ABS-CBN Corp. on Thursday reported a sharp 54 percent reduction in net loss to only P2.6 billion in 2022 from P3 billion in 2021...

    Monetary Board raises policy rate by 25 basis points

    The policy-making Monetary Board on Thursday decided to raise the interest rate on the Bangko Sentral ng Pilipinas’ overnight reverse repurchase facility by 25 basis...

    SMC water savings reach 33.8 billion liters

    On World Water Day, San Miguel Corp. (SMC) reported that its businesses collectively saved some 33,865,901,000 liters of water from 2017 to 2022--equivalent to...

    PLDT core profits widen to P33.1B last year

    PLDT Inc. on Thursday reported telco core net income growing 10 percent last year despite the  challenging economic environment. The country’s largest telco said telco...

    PLDT breaches P100B mark in 2022 EBITDA

    PLDT, the country’s largest integrated telecommunications company, on Thursday reported 4 percent more revenues in 2022 totaling P190.1 billion. In the final three months last...

    Just in

    Paramount Skydance eyes Warner Bros in megadeal

    Paramount Skydance is preparing a bid to acquire Warner Bros. Discovery, according to a report by The Wall Street Journal, a megadeal that could potentially alter the entertainment industry.

    PSEi seen growing up to 5% by year-end – BDO Capital

    The Philippine Stock Exchange index (PSEi) is expected to post modest gains of just 3 percent to 5 percent by year-end from its current level of 6,100, largely driven by the seasonal Christmas spending surge, according to Eduardo Francisco, president of BDO Capital and Investment Corp.

    Home Credit builds P100 billion loan portfolio in 12 years

    The consumer financing firm Home Credit has built up a loan portfolio worth P100 billion in the 12 years since its founding as industry disruptor in 2013.

    FPIP named major economic driver in Batangas

    The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.
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