DITO Telecommunity Corp. has signed a Master Facilities Provisioning Agreement (MFPA) with InfiniVAN, Inc. to boost the country’s digital infrastructure through improved network resilience, wider coverage, and increased capacity.
Alliance Global Group Inc. (AGI), led by Andrew L. Tan, reported a 24 percent jump in net income to P24.8 billion for the first nine months, partly due to a one-time P3.4 billion gain from reclassifying its McDonald’s Philippines unit as an associate.
SM Investments Corp. reported a consolidated net income of P64.4 billion for the first nine months of 2025, up 6 percent from P60.9 billion a year ago, with revenues rising 4 percent to P482.3 billion.
Mega Agri-Farm Corp. is planning to expand its poultry farm in Mayantoc, Tarlac, to accommodate up to 480,000 birds, five times its current capacity of 98,000.
Filinvest Land Inc., the property development arm of the Gotianun group, posted a 5 percent increase in net income to P3.64 billion for the first nine months of 2025, up from P3 billion a year earlier. Consolidated revenues grew 9 percent to P20.08 billion, led by steady leasing performance and robust residential sales.
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.