Corporate

Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, reported a net income of P12.3 billion for the first quarter, driven by strong loan growth, a robust performance in fee and trading income, and moderating cost increases. 

Aboitiz Power Corp. has filed the shelf registration with the Securities and Exchange Commission (SEC) of fixed-rate retail bonds worth up to ₱100 billion, a move seen as a significant step in fortifying its capital structure and supporting its aggressive renewable energy expansion plans.

SM Prime Holdings Inc., one of the country's largest integrated property developers and mall operators, reported an 11 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱11.9 billion, driven by resilient domestic demand and its diversified portfolio.

Chelsea Logistics and Infrastructure Holdings Corp. reported a net profit  of P177 million for 2024, a sharp reversal from P1.14 billion net loss in 2023.

The Chamber of Commerce of the Philippine Islands (CCPI), the country’s oldest business institution, is set to mark two landmark events on 30 April 2025, underscoring its enduring influence on the Philippine economic landscape.