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New alliance boosts sari-sari stores with loans, tech, and wi-fi

Leading digital bank and fintech ecosystem Maya has partnered with retail chain Ultra Mega and connectivity provider GoodApps in a tripartite collaboration aimed at advancing digital financial inclusion for over 100,000 micro, small, and medium-sized enterprises (MSMEs)—with a focus on sari-sari stores across the Philippines.

AirAsia Move faces legal heat over Tacloban fare hike

The Department of Transportation (DOTr) announced plans to file an economic sabotage complaint against Malaysia-based online booking platform AirAsia Move, accusing it of charging exorbitant airfares for domestic flights, notably a recent Tacloban-Manila route that cost over ₱77,000 for two passengers.

Treasury bill yields steady at auction Monday

Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy. The May...

D&L Industries rides growth momentum strongly

D&L Industries continues to build on its post-pandemic growth trajectory, reporting a 10 percent year-on-year increase in net income for the first quarter of 2025 to P681 million, buoyed by improving returns from its new Batangas manufacturing facility.

BSP empowers youth with money smarts

The Bangko Sentral ng Pilipinas (BSP) launched a two-day Economic and Financial Learning Program (EFLP) for students and educators in Bacolod City, aiming to boost financial literacy and help consumers make smarter economic choices.

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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.

Exporters wary as Marcos reshuffles revenue, investment chiefs

Exporters have warned that a sweeping government leadership reshuffle could disrupt investment and trade momentum, questioning the timing of changes at agencies they consider among the administration’s strongest performers.
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