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CPG income rises 35% in 1Q

Corporate Context.ph Context.ph -
Listed real estate developer Century Properties Group Inc. on Thursday reported income in the first three months of the year rising 35 percent to P410 million from year ago of P302 million on higher sales of its horizontal development projects.

Alliance Global to acquire P2.61 billion of unit Megaworld

Corporate Context.ph Context.ph -
Alliance Global Group Inc., the investment holding company of the Andrew Tan Group, said Thursday its board approved its subscription to 1.38 billion common shares of its property arm, Megaworld Corp.

Slowing 1Q container business pushes ATI net income 36% lower

Transport & Logistics Context.ph Context.ph -
Asian Terminals Inc. (ATI) on Thursday reported net income falling 36 percent to P752.7 million in the first three months this year from year ago of P1.76 billion as the container business slowed.

Angkas EMT program, only 8 years old, posts 99.99% safety record

Transport & Logistics Context.ph Context.ph -
Angkas, the country's leading motorcycle taxi app, has ramped up its emergency response initiatives to further ensure rider and passenger safety.

Nickel oversupply plunge Global Ferronickel 1Q earnings by 93%

Corporate Context.ph Context.ph -
Global Ferronickel Holdings Inc., a leading nickel ore producer in the Philippines, reported a sharp drop in first-quarter net income as a glut in the nickel industry sent prices sharply lower that nearly halved mining revenue during the period.
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PITX sees 1.89 million passengers for Undas travel period

Transport & Logistics 0
The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

Corporate 0
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Energy & Mining 0
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

Top News 0
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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