Eaton appoints Secore Global as distributor for Huanyu brand in PH
Power management company Eaton has announced the appointment of Secore Global Inc., the distribution arm of the Gentec Group, as official distributor of the Huanyu brand of low-voltage circuit protection solutions in the Philippines.
AUB logs record P8.6B profitability through September
Asia United Bank said Thursday net profit in the nine months through September surged 41 percent to P8.6 billion, driven by higher revenues and reduced loan loss provisions.
BPI posts record net income of P48B from Jan-Sep
The Bank of the Philippine Islands, the banking arm of the Ayala Group, said Thursday it posted a record net income of P48 billion in the first nine months of 2024, a 24 percent increase in the year-earlier period. The earnings growth was driven by strong revenue performance and positive operating leverage.
PNB issues $300M sustainability notes
The Philippine National Bank said Thursday it raised USD300 million through a five-year senior notes offering to fund its future growth. The debt notes are part of PNB’s USD2 billion medium term note program.
Renewable energy projects worth P27.48B planned in Samar, Bulacan
Two major renewable energy initiatives totaling P27.48 billion are set for development in Samar and Bulacan, according to the Department of Environment and Natural Resources.
