Corporate

Figaro Coffee Group reports 14% 2Q income growth

Figaro Coffee Group Inc. announced a 14 percent increase in income for the fiscal second quarter ending December 2024, reporting P222.04 million, up from P194.74 million the year prior.

A. Soriano Corp. mourns loss of vice chairman Eduardo Soriano, 69

A. Soriano Corp., a diversified investment holding company, on Tuesday announced the passing of its vice chairman and director, Eduardo J. Soriano, at the age of 69.

Digido expand access to loans, digital services with PalawanPay

Digido Finance Corp. has signed a memorandum of agreement with PalawanPay, the digital wallet of the Palawan Group of Companies, creating a new avenue for PalawanPay users to access Digido loans directly within the app. This marks a significant development in the digital finance sector, aligning both companies in their mission to enhance financial inclusion across the Philippines.

SM Prime hits record P45.6B net income in 2024, eyes further growth

SM Prime Holdings Inc. reported a record-breaking consolidated net income of P45.6 billion for 2024, reflecting a 14 percent increase from P40 billion in 2023, on the back of a robust growth driven by strong performances across all the business segments of one of Southeast Asia’s largest property developers.

AUB posts strong earnings in 2024, eyes expansion

Asia United Bank (AUB) continues to see robust earnings growth, with a 36 percent increase in net income to P11.3 billion in 2024, up from P8.3 billion in the previous year. 

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