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Mitsubishi deepens PH roots with P18-B investment pledge

Mitsubishi Motors Philippines Corp. (MMPC) has reiterated its commitment to the Philippine automotive sector and overall economic development during a meeting with the Board of Investments (BOI), led by executive director Corazon Halili-Dichosa.

BPI lists P40B SINAG bonds on PDEx

The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...

DITO CME capital deficit widens amid network rollout

DITO CME Holdings Corp., the telecommunications venture of Davao-based businessman Dennis Uy, said its capital deficiency widened to P78.04 billion at the end of March from P73.39 billion at the end of 2024 as losses continue to mount.

New SEC chair steps down from listed firms’ boards

Lawyer Francis Ed. Lim has stepped down from the boards of several publicly listed companies following his appointment as chairman of the Securities and Exchange Commission (SEC), the primary regulatory body overseeing the corporate sector and capital markets.

FIRB grants ₱20.9-B tax subsidy to boost public services

The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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