Corporate
Chinabank hikes dividends, declares P6.7B payout
China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.
Tanduay’s record profits fuel LTG growth amid strategic streamlining
Tanduay Distillers, Inc. (TDI) reported a record net income of P2.15 billion in 2024, a 37 percent jump from P1.57 billion the previous year, driven by strong liquor and bioethanol sales and strategic price hikes.
EastWest recognized among Top 5 issue managers at PDS Awards
East West Banking Corp. (EastWest) was again named one of the Top Five Corporate Issue Managers/Arrangers (Bank Category) at the Philippine Dealing System (PDS) Annual Awards Night, held on 4 April 2025.
Metro Retail deepens support for local farmers
Metro Retail Stores Group, Inc. is reinforcing its commitment to local agriculture by expanding its partnership with Gulay Farmers, a non-profit organization that links smallholder farmers to formal retail markets.
PAL names Richard Nuttall as new president
Philippine Airlines (PAL) said Wednesday it has appointed Richard Nuttall, a British national and seasoned executive in the aviation industry, as its new president effective 29 May, signaling the flag carrier’s intent to strengthen its leadership and sharpen its international growth strategy.
