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PNB nine-month net income rises 19% to P13.5 billion

Corporate Context.ph Context.ph -
The Philippine National Bank registered consolidated net income of P13.5 billion in the first nine months this year, 19 percent higher compared to the same period last year. The stronger performance was attributed to growth in the bank’s core lending and fee-based operations.

Security Bank third-quarter net profit up 4%

Corporate Context.ph Context.ph -
Security Bank Corporation’s quarterly profits continued to improve, with Q3-2023 net profit increasing to P2.65 billion, up 4 percent quarter-on-quarter and up 15 percent year-on-year.

Recovery in consumer demand increases Cosco Capital income

Corporate Context.ph Context.ph -
Cosco Capital, Inc., the listed retail holding firm of billionaire Lucio Co, reported Friday a 4.8 percent growth in nine-month net income to P9.1 billion amid a steady recovery in consumer demand.

Consortium projects 4Q 2024 commercial operations of LRT-1 Cavite line extension

Transport & Logistics Context.ph Context.ph -
Light Rail Manila Corp. on Friday bared optimism the LRT-1 Cavite Extension Phase 1 Project will begin commercial operations by the last quarter of 2024 as scheduled.

PAL 9-month earnings lift 56% higher in 3Q

Corporate Context.ph Context.ph -
Philippine Airlines (PAL) on Friday reported net income rising 55.5 percent in the third quarter this year attributed to higher passenger traffic.
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GWEC backs offshore wind for PH energy security

Energy & Mining 0
Offshore wind is a long-term investment—not a quick fix—for the Philippines’ energy challenges, but one that can strengthen energy security, economic resilience, and domestic industry, according to the Global Wind Energy Council.

Fuel prices jump sharply; some oil firms drop staggered increases

Energy & Mining 0
Fuel prices are set to rise sharply this week, with Jetti Petroleum Corp. announcing a one-time increase starting Tuesday. Gasoline prices will go up by ₱8 per liter, while diesel will increase by ₱18 per liter. The company said it can no longer spread adjustments over several days and will implement the hike all at once.

Jollibee Group expands jobs for seniors, PWDs in Baguio

Social Responsibility & Sustainability 0
 The Jollibee Group has expanded its employment program for senior citizens and persons with disabilities (PWDs) through a new partnership with the Baguio City Government.

TPB, AIM graduate first batch of tourism market intelligence program

Travel & Tourism 0
The Tourism Promotions Board (TPB) Philippines, in partnership with the Asian Institute of Management (AIM), held a graduation ceremony for the first batch of its Market Intelligence Learning and Training Program (MILTP) at AIM’s Fuller Hall.
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