Corporate
PNB reports 22% profit growth in H1
Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions.
Megaworld raises P1.17B from sale of MREIT shares
Megaworld Corp., the property development arm of billionaire Andrew Tan, said it raised P1.71 billion from the sale of 84.8 million shares of its real estate investment trust MREIT, Inc. The shares were priced at P13.82 per share.
BDO 1H profit rose despite higher costs
BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.
AC Health takes over FEU-NRMF Medical Center
Ayala Healthcare Holdings Inc. (AC Health) subsidiary Healthway Medical Network has assumed control of the FEU-NRMF Medical Center, a 300-bed university hospital located in Quezon City. T
DigiPlus maintains steady operations amid calls for online gaming ban
Despite mounting calls for stricter regulation and even a potential ban on online gaming, DigiPlus Interactive Corp. is staying the course, maintaining normal operations and reaffirming its commitment to regulatory compliance and corporate governance.
