Corporate
Chinabank unifies digital platforms with launch of ‘My CBC Online’
Chinabank has launched My CBC Online, a revamped browser-based banking platform designed to mirror the features and user experience of its recently upgraded mobile app, as part of its ongoing digital transformation strategy.
Phinma posts 27% 1Q net income growth, eyes expansion in education, housing
Diversified conglomerate Phinma Corp. reported a 27 percent year-on-year increase in first-quarter net income, reaching ₱562.62 million from ₱490.53 million in the same period last year, driven by strong performance in education and construction materials despite losses in its construction and property development segments.
Residential sales, leasing gains lift Filinvest Land 1Q earnings
Filinvest Land Inc., the listed property development arm of the Gotianun Group, posted a 3 percent increase in first-quarter net income to P905 million, driven by stronger residential sales, higher leasing revenues, and improved cost efficiency.
Telecom, energy units weigh down Ayala 1Q earnings
Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.
UnionBank expands bond program to P100B
Union Bank of the Philippines, the country’s 9th largest lender by assets, has expanded its peso bond program to P100 billion, marking a strategic move to enhance funding flexibility and support future growth initiatives.
