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Peso gains temper NG debt increase in April

Banking & Insurance Context.ph Context.ph -
The outstanding debt of the national government increased to P16.753 trillion as of end-April 2025, a 0.41 percent or P68.69 billion rise from the previous month.  The April figure was 4.4 percent higher than the P15.017 trillion posted in the year-earlier period.

Lawyer Francis Lim named new SEC chairman

Context Dispatch Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has appointed lawyer Francis Edralin Lim as the new chairperson of the Securities and Exchange Commission. Executive Secretary Lucas P. Bersamin said on Tuesday that Lim will take over from SEC Chairman Emilio Aquino, whose seven-year term ends on June 6.

First Gen eyes closing P50B deal with Prime Infra in 3 Months

Energy & Mining Context.ph Context.ph -
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.

BPI Foundation advances financial literacy in Bacolod schools

Corporate Bulletins Context.ph Context.ph -
The Bank of the Philippine Islands (BPI), through its social development arm BPI Foundation (BPIF), has launched a financial literacy training session in Bacolod City under its FinEd Unboxed program. The session, held at St. Joseph High School, benefited 721 students by equipping them with essential skills in budgeting, saving, and investing.

Villar Land posts ₱999B profit, eyes further asset gains

Corporate Context.ph Context.ph -
Villar Land Holdings Corp., formerly Golden MV Holdings Inc. on Tuesday announced remaining bullish on property asset appreciation despite reporting net income of ₱999.72 billion in 2024, marking a dramatic rise from ₱1.46 billion in 2023.
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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

Education, Health & Science 0
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% 

Corporate 0
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

Corporate 0
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

Energy & Mining 0
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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