ABS-CBN narrows losses in 1H 2025
ABS-CBN Corp. reported a 60 percent reduction in net losses for the first half of 2025, reflecting improved commercial performance and strategic cost controls, amid stronger election-related advertising.
CLI 1H profit rises 13% on real estate, hotel gains
Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
ADB OKs US$400M loan for Philippine food program
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
Better interest margin, trading gains lift Security Bank 1H profit
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
Ilijan Plant cleared by PEMC, undercuts ERC order’s basis
San Miguel Global Power (SMGP) emphasized the regulatory primacy of the Philippine Electricity Market Corp. (PEMC) after its market surveillance committee (MSC) and board cleared the Ilijan Gas Power Plant of any violation over its June 2022 outage — directly challenging a recent show cause order issued by the Energy Regulatory Commission (ERC).
