SMFB posts 15% rise in 1H net income
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.
Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions
Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.
GCash adds responsible gambling safeguard to platform, backing regulatory push
GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.
Strong passenger growth lifts Cebu Pacific’s 1H profit
Cebu Pacific, the budget carrier under the Gokongwei Group, reported a 153 percent surge in net income to ₱8.97 billion for the first half of 2025, up from ₱3.54 billion in the same period last year, driven by robust passenger growth, improved operational efficiency, and stringent cost controls.
BSP urges timely submission of foreign borrowing plans
The Bangko Sentral ng Pilipinas (BSP) has issued a reminder to resident entities to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2025 and full year 2026 by September 30, 2025.
