Corporate
Concepcion Industrial’s nine-month income dips on factory issues
Concepcion Industrial Corp., maker of air conditioners and refrigerators, reported Monday that its net income for the first nine months of the year fell 2 percent to P927.06 million from P944.87 million a year earlier. The company attributed the decline to “margin compression and factory-related challenges.”
Meralco net income jumps 14% to P40B; eyes P50B by year-end
The Manila Electric Co. (Meralco) reported a 14 percent increase in its core net income for the first nine months of 2025, reaching P40.02 billion from P35.1 billion in the same period last year.
APECO honored for boosting PH’s FATF grey list exit
The Aurora Pacific Economic Zone and Freeport Authority (APECO) was honored by the Anti-Money Laundering Council (AMLC) for its contributions to the Philippines’ removal from the Financial Action Task Force (FATF) grey list.
Chinabank earns four-Golden Arrows for governance excellence
Chinabank has once again been recognized for its strong commitment to world-class corporate governance, earning the Four-Golden Arrow Award from the Institute of Corporate Directors (ICD).
Andresons sells Emperador shares to Alliance Global for P1.9B
The Andresons Group Inc., an affiliate of Emperador Inc. (EMI), has sold 119 million common shares of the liquor company to Alliance Global Group...
