Corporate

BCDA remittance contribution support AFP modernization, national funds

The Department of Finance (DOF) has received P5.7 billion from the Bases Conversion and Development Authority (BCDA), marking a significant contribution to government funds and national development programs.

Metrobank reports ₱12.6B profit in Q1 2026

Metropolitan Bank & Trust Co. (Metrobank) posted a net income of ₱12.6 billion in the first quarter of 2026, supported by steady asset growth, improved margins, and higher fee-based income.

Meralco posts slight profit growth in Q1 2026 despite lower energy sales

The Manila Electric Co. (Meralco) reported a modest 2 percent increase in core net income for the first quarter of 2026, reaching P11.4 billion from P11.17 billion in the same period last year.

A. Brown secures investment grade for maiden bonds

A Brown Company, Inc. has secured an investment-grade credit rating ahead of its planned maiden bond issuance, signaling market confidence as it taps debt markets to fund expansion across real estate and renewable energy.

Consunji says cement firm on track to return to profit

The Consunji family said its cement company, Concreat Holdings Philippines Inc., is on track to recover from losses and aims to become profitable within three years.

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