Corporate
Remitly, BDO strengthen lifeline for overseas Filipinos
For overseas Filipinos, remittances are more than transactions—they’re lifelines for families back home. Through a long-standing partnership built on trust, Remitly and BDO Unibank, Inc. (BDO) continue to provide secure, reliable, and real-time money transfer services that support the daily needs of millions of Filipino households.
Puregold delivers ₱5.29B profit on strong 1H sales
Grocery retailer Puregold Price Club Inc. reported a 7 percent increase in net income for the first half of 2025, reaching ₱5.29 billion, up from ₱4.94 billion in the same period last year, driven by robust topline performance and consistent gross margins.
Globe reports 2.4% decline in 1H revenue, bounces back in 2Q
Globe Telecom Inc. reported ₱80.2 billion in consolidated gross revenue for the first half of 2025, a 2.4 percent decline year-on-year from ₱82.2 billion, amid persistent macroeconomic pressures and evolving consumer trends.
Gold, copper declines weigh on Philex’s first-half earnings
Philex Mining Corp. reported a decline of 8.6 percent in net income for the first half of 2025, posting ₱301 million compared to ₱329.43 million during the same period last year, as lower gold and copper output weighed on financial performance despite higher processing volumes.
ACEN posts sharp profit drop despite renewable output growth
ACEN Corp., the energy platform of Ayala Corp., reported an 88 percent year-on-year decline in consolidated net income to ₱763 million in the first half of 2025, sharply down from ₱6.29 billion in the same period last year.
