Corporate
Ayala Land sees 1Q profit rise on strength in development, leasing
Ayala Land Inc. (ALI), one of the country's largest real estate developers, reported a 10 percent year-on-year increase in net income to ₱6.9 billion for the first quarter of 2025, signaling sustained momentum in both property development and leasing operations.
Del Monte Pacific weighs US unit sale amid restructuring, liquidity focus
Del Monte Pacific Ltd. (DMPL), led by the Campos family, is considering the sale of its U.S. business, Del Monte Foods Holdings Ltd. (DMFHL), as part of a broader strategic reassessment influenced by macroeconomic pressures and the group's financial exposure in the United States.
AEV to redeem ₱9.1B retail bonds ahead of maturity
Aboitiz Equity Ventures Inc. (AEV), the public holding company of the Aboitiz Group, on Tuesday said it will exercise its early redemption option for its outstanding 3.5-year fixed-rate retail bonds amounting to ₱9.1 billion.
Puregold posts 6% 1Q net income growth on strong retail sales
Puregold Price Club Inc. on Tuesday reported a 6 percent rise in its first-quarter net income to ₱2.63 billion, up from ₱2.47 billion a year earlier, driven by robust sales growth across its retail formats.
CIBI launches Fraud Bureau in drive vs cybercrime
In response to the surge in cybercrime cases—tripling to 10,004 incidents in 2024, as reported by the Cybercrime Investigation and Coordinating Center (CICC)—CIBI Information Inc. launched the Fraud Bureau, a data-driven collaboration platform aimed at fortifying fraud defenses across the Philippine financial ecosystem.
