Corporate

Filinvest Development profit holds steady despite banking drag

Filinvest Development Corp. (FDC) kept first-half profit broadly steady despite a sharp earnings hit from higher provisions at its banking arm, underscoring the value of diversification as the economy navigates persistent uncertainty.

Megaworld raises dividend to record P3.8B

Property giant Megaworld Corp. is giving shareholders a bigger slice of its growing earnings, declaring a record cash dividend of P0.11733697 per share, 25 percent higher than the P0.09395845 paid in August 2025.

DMW profit holds firm as leasing cushions property

D.M. Wenceslao and Associates Inc. (DMW) posted net income of P865 million in the first half of 2026, with its leasing business providing a sturdy cushion as geopolitical tensions and economic uncertainty weighed on property demand.

Metro Retail profit in H1 jumps 45% as expansion pays

Metro Retail Stores Group Inc. (MRSGI) grew first-half net income by 45 percent to P212.2 million, as store expansion, renovations, and tighter product selection...

ABS-CBN raises P6B to fund media reboot

ABS-CBN Corp. is raising P6 billion in fresh equity as the media giant looks to shore up its balance sheet and accelerate a business reset built around content, intellectual property, and entertainment.

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