NLEX Corp. 1Q 2026 net income up 8% on strong traffic, toll adjustments
NLEX Corp. recorded an 8 percent rise in net income for the first quarter of 2026, reaching P3.84 billion from P3.55 billion in the same period last year. This growth reflects strong business performance, supported by higher vehicle traffic, newly implemented toll rate adjustments, and efficient cost management.
Panhua starts $1B Philippine steel venture
Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.
Inflation fears keep T-Bill rates elevated
Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.
GSIS names new trustee, honors outgoing member’s service
The Government Service Insurance System (GSIS) has welcomed Rolando Toledo to its board of trustees, while commending outgoing trustee Beatriz Torno for her long-standing public service. This move supports the state pension fund’s goal to strengthen governance and improve services for members and retirees.
PH finance stable but Middle East tensions, debt, rates are critical watchpoints – FSCC
The Financial Stability Coordination Council (FSCC) confirmed on Monday that the Philippine banking system is stable and resilient, even as it flagged major risks that could directly affect businesses and households.
