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BankCom hikes dividend after record 2024 profit

Bank of Commerce (BankCom), an affiliate of San Miguel Corp., has approved a 79 percent increase in cash dividends for common shareholders, totaling P631.4 million, following its record P3-billion profit in 2024.

BDO declares P5.86B cash dividend, names new comptroller

BDO Unibank Inc., the Philippines’ largest lender by assets, said its board has approved the declaration of a regular cash dividend that total P5.86...

Globe tops telco trust in 2025

Globe was recognized as the 2025 Most Recommended Telco Brand in the Philippines at the SYNERGY | YouGov Awards, a recognition based on YouGov BrandIndex, a daily brand health tracking tool. This award honors the brand that consumers in the Philippines are most likely to endorse to others, measured through statistically tested recommendation scores at a 95% confidence level from January 1, 2024 to December 31, 2024. Accepting the award on behalf of Globe, Crisanto said, “We’re really, truly proud to receive this award—and we dedicate it to our customers. We will always and continue to pursue making our customers happy and satisfied. At the end of the day, they are our North Star.”

Moody’s sees May inflation unchanged at 1.4%

Inflation in the Philippines is expected to hold steady at 1.4% in May, according to a forecast by Moody’s Analytics released Monday, reinforcing a broader regional trend of cooling commodity prices. The official announcement is scheduled for release by the Philippine Statistics Authority this Thursday.

Pinoy pork hogs spotlight in swine festival

The sizzle of pork and the spirit of Filipino resilience took center stage at Hog Festival 2025—a vibrant celebration of culinary creativity and agricultural pride hosted by the National Federation of Hog Farmers Inc. (NatFed).

Just in

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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