Corporate
BPI recognized as “Sustainability Company of the Year” at Asia CEO Awards 2024
The Bank of the Philippine Islands (BPI) has been named “Sustainability Company of the Year” at the Asia CEO Awards 2024, highlighting its strong commitment to sustainable finance and environmental stewardship since 2008.
PBB nine-month net income matches full-year 2023 profit
Philippine Business Bank said Monday nine-month net income surged 57 percent to P1.8 billion, matching earnings for the whole of 2023 on the back of double digit growth in loans and interest income as well as cost management.
8990 Holdings’ Jan-Sep earnings drop on lower sales
8990 Holdings Inc., a real estate developer listed on the Philippine Stock Exchange, saw a sharp decline in net income for the first nine months of the year, hurt by lower sales of mass housing and condominium projects.
SM Prime plans new malls outside Metro Manila in 2025
SM Prime Holdings Inc. has announced plans to construct five new shopping malls in 2025, all strategically located outside Metro Manila.
Meralco projects higher sales growth this year
The Manila Electric Company (Meralco) has revised its projected sales this year, increasing the forecast growth from 4.7 percent to 6 percent instead.
