Ayala Land Inc. said it will reduce its capital spending this year to P50 billion, down by more than a third from its earlier plan of P70 billion to P80 billion, as earnings declined.
Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.
Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.
Listed mining company OceanaGold (Philippines) Inc. (OGPI) on Thursday reported turning over ₱2.14 billion as additional government share (AGS) for fiscal year 2025.