Corporate

AbaCore Capital Holdings Inc. reported a robust financial rebound in the first quarter of 2025, posting a net income of ₱107.3 million, a dramatic turnaround from a ₱15.3 million loss in the same period last year.

STI Education Systems Holdings Inc., the country’s largest private school network operator, reported a 45 percent jump in net income to ₱1.6 billion for the first nine months of its fiscal year ending March 2025, driven by strong enrollment growth and higher tuition fees.

GMA Network, Inc. has filed a criminal complaint for estafa with abuse of confidence against key executives of Television and Production Exponents, Inc. (TAPE), the former production company behind the long-running noontime program Eat Bulaga.

Rizal Commercial Banking Corp. (RCBC), the country’s sixth largest lender, has announced plans to issue fixed-rate peso-denominated bonds under its updated P200 billion bond and commercial paper program. This move signals the bank’s commitment to enhancing its capital structure and supporting strategic initiatives.

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, is moving forward to ensure long-term water security in Iloilo, after being awarded original proponent status (OPS) for the proposed Iloilo Bulk Water Supply Public-Private Partnership (PPP) project.